What is the rate of return when 25 shares of Stock A, purchased for $30/share, are sold for $825? The commission on the sale is $6. Rate of Return = [ ? ] %

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2:25 1
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What is the rate of return when 25 shares of Stock
A, purchased for $30/share, are sold for $825? The
commission on the sale is $6.
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Rate of Return = [ ? ] %
Give your answer as a percent rounded to the
nearest tenth.
Enter
Done
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Transcribed Image Text:2:25 1 LTE What is the rate of return when 25 shares of Stock A, purchased for $30/share, are sold for $825? The commission on the sale is $6. Skip Rate of Return = [ ? ] % Give your answer as a percent rounded to the nearest tenth. Enter Done W e r y u ор a S d f g h j k C V n m 123 space return Help Resources
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