Question 3 Answer Tori bought one share of Chipotle stock on Nov 1, 2016 for $396.33. Then, four years later, she sold it and the closing price for that day was $778.38. a) How much money did she gain/lose with this stock? b) What was Tori's return on investment?

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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Tori bought one share of Chipotle stock on Nov 1, 2016 for $396.33. Then,
four years later, she sold it and the closing price for that day was
$778.38.
a) How much money did she gain/lose with this stock?
b) What was Tori's return on investment?
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Transcribed Image Text:-4433-8F54-38A3D26807AA RILEY HARVEY - Calculating Return on Investment - 1887343 * - Saved v P Search (Alt + Q) Insert Layout References Review View Help Table O Editing v Century Gothic A* O A A V 18 A Question 3 Answer Tori bought one share of Chipotle stock on Nov 1, 2016 for $396.33. Then, four years later, she sold it and the closing price for that day was $778.38. a) How much money did she gain/lose with this stock? b) What was Tori's return on investment? Page Break Answer Question 4 English Text Predictions: On
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