An investor purchased 20 shares of stock in a company for $45 per share. One year later, the investor sold all the shares for $41 per share. What is the investor's rate of return? A. -8.9% B. 8.9% C. -9.8% D. 9.8%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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An investor purchased 20 shares of
stock in a company for $45 per
share. One year later, the investor
sold all the shares for $41 per share.
What is the investor's rate of return?
A. -8.9%
B. 8.9%
C. -9.8%
D. 9.8%
2021 Acellus Corporation. All Rights Reserved.
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Transcribed Image Text:An investor purchased 20 shares of stock in a company for $45 per share. One year later, the investor sold all the shares for $41 per share. What is the investor's rate of return? A. -8.9% B. 8.9% C. -9.8% D. 9.8% 2021 Acellus Corporation. All Rights Reserved. Market
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