An investor purchased shares in Tesla at $240 per share in January. The stock price fell to $140 per share by December of the same year. What is the investor's return on investment? Options: A. -41.67% B. -71.43% C. -58.33% D. -100%
An investor purchased shares in Tesla at $240 per share in January. The stock price fell to $140 per share by December of the same year. What is the investor's return on investment? Options: A. -41.67% B. -71.43% C. -58.33% D. -100%
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter12: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 2FPE: An investor is thinking about buying some shares of Health Diagnostics, Inc., at $75 a share. She...
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What is the correct option? ? General Accounting question
![An investor purchased shares in Tesla at $240 per share in
January. The stock price fell to $140 per share by December
of the same year. What is the investor's return on investment?
Options:
A. -41.67%
B. -71.43%
C. -58.33%
D. -100%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F35979688-5100-415f-a349-e5dd8dfe7536%2F06667b35-4d54-48a2-b0d8-dd3ac34d9e46%2Flp5mf5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An investor purchased shares in Tesla at $240 per share in
January. The stock price fell to $140 per share by December
of the same year. What is the investor's return on investment?
Options:
A. -41.67%
B. -71.43%
C. -58.33%
D. -100%
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