An investor purchased shares of stock in a company for $800. One year later, the investor sold all the shares for $820. What is the investor's rate of return? A. 3.4%

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 shares of
stock in a company for $800. One
year later, the investor sold all the
shares for $820. What is the
investor's rate of return?
А. 3.4%
В. -3.4%
С. 2.5%
D. -2.5%
Transcribed Image Text:An investor purchased shares of stock in a company for $800. One year later, the investor sold all the shares for $820. What is the investor's rate of return? А. 3.4% В. -3.4% С. 2.5% D. -2.5%
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