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
Related questions
Question
Compute the total and annual return on the following investment.
Two
years after paying
$2000
for shares in a startup company, you sell the shares for
$1700
(at a loss).Question content area bottom
Part 1
The total return is
enter your response here%.
(Do not round until the final answer. Then round to the nearest tenth as needed.)
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