An investor purchased 50 shares of stock in a company for $1,600. One year later, the investor sold all 50 shares for $1,500. What is the investor's rate of return? A. -6.7%

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 50 shares of
stock in a company for $1,600. One
year later, the investor sold all 50
shares for $1,500. What is the
investor's rate of return?
A. -6.7%
B. 6.7%
C. -6.3%
D. 6.3%
Transcribed Image Text:An investor purchased 50 shares of stock in a company for $1,600. One year later, the investor sold all 50 shares for $1,500. What is the investor's rate of return? A. -6.7% B. 6.7% C. -6.3% D. 6.3%
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