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%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the correct option? ? General Accounting question

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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