Jeremy Purchased 100 Shares of FB for $19 Per Share

question 106

Multiple Choice

Jeremy purchased 100 shares of FB for $19 per share in September 2012 and sold them 3 years later at $91 per share. At what annual rate did the value of his investment grow?

• A) about 95%
• B) about 48%
• C) about 69%
• D) about 12%

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Definitions:

Mediator

An impartial individual who assists in resolving disputes or conflicts between parties through communication and negotiation techniques.

Arbitrator

An autonomous individual or entity formally designated to resolve a conflict.

Consultant

A professional who provides expert advice in a particular area, such as business, education, law, or healthcare.

Third-party Negotiators

Refers to neutral individuals or entities that facilitate negotiations between two or more conflicting parties to reach an agreement.