Assume that at the beginning of the year, you purchase an investment for $2,500 that pays $67 annual income. Also assume that the investment's value has decreased to $2,350 at the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Req 1 Req 2 What is the rate of return for this investment? Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value. Rate of return
Assume that at the beginning of the year, you purchase an investment for $2,500 that pays $67 annual income. Also assume that the investment's value has decreased to $2,350 at the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Req 1 Req 2 What is the rate of return for this investment? Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value. Rate of return
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
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Assume that at the beginning of the year, you purchase an investment for $2,500 that pays $67 annual income. Also assume that the
investment's value has decreased to $2,350 at the end of the year.
a. What is the rate of return for this investment?
b. Is the rate of return a positive or a negative number?
Complete this question by entering your answers in the tabs below.
Req 1
Req 2
What is the rate of return for this investment?
Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value.
Rate of return
%
Req 1
Req 2 >
Transcribed Image Text:Assume that at the beginning of the year, you purchase an investment for $2,500 that pays $67 annual income. Also assume that the
investment's value has decreased to $2,350 at the end of the year.
a. What is the rate of return for this investment?
b. Is the rate of return a positive or a negative number?
Complete this question by entering your answers in the tabs below.
Req 1
Rey 2
Is the rate of return a positive or a negative number?
<Req 1
Reg 2 >
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