An investor purchased 100 shares of stock in a company for $17 per share. One year later, the investor sold all the shares for $15 per share. What is the investor's rate of return? A. -11.8% C. -13.3% rnational Academy of Science. All Rights Reserved. ● O B. 11.8% D. 13.3%

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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What is the rate of return business math please help
Function
An investor purchased 100 shares of
stock in a company for $17 per
share. One year later, the investor
sold all the shares for $15 per share.
What is the investor's rate of return?
A. -11.8%
C. -13.3%
3-2023 International Academy of Science. All Rights Reserved.
O
hp
B. 11.8%
D. 13.3%
Transcribed Image Text:Function An investor purchased 100 shares of stock in a company for $17 per share. One year later, the investor sold all the shares for $15 per share. What is the investor's rate of return? A. -11.8% C. -13.3% 3-2023 International Academy of Science. All Rights Reserved. O hp B. 11.8% D. 13.3%
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