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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Question
(Calculating rates of return) On December
10, 2007, the common stock of Google Inc. (GOOG) was trading for $
718.42. One year later the shares sold for only $
308.82. Google has never paid a common stock dividend. What
10, 2007?
Question content area bottom
Part 1
The rate of return you would have earned is
enter your response here
%. (Round to two decimal places.)
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