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An Investor Bought 1,000 Shares of Citigroup in January 2009

question 91

Multiple Choice

An investor bought 1,000 shares of Citigroup in January 2009 for $3.55 a share. She sold all of her shares in December 2009 for $3.31 a share. The inflation rate for 2009 was −0.35%. Which of the following is the investor's real rate of return?


Definitions:

Paralegal

A person trained in legal matters who works under the supervision of a lawyer, assisting in various legal tasks.

Legal Memorandum

A document written by attorneys to summarize the facts of a case, cite legal authority, and argue specific legal points.

Questions Presented

The legal questions or issues that a court needs to address and decide in the course of resolving a case.

Factual Circumstances

Specific details or conditions surrounding an event or situation, based on actual occurrences or evidence.

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