You buy a stock for $50 per share. Over the next four months, it has monthly returns of 4%, 5%, 2%, and -3%. The value of a share at the end of the fourth month is O $51.20 O $54.02 O $55.11

Essentials Of Investments
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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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You buy a stock for $50 per share. Over the next four months, it has
monthly returns of 4%, 5%, 2%, and -3%. The value of a share at the
end of the fourth month is
O $51.20
O $54.02
O $55.11
O $56.45
O None of above
Transcribed Image Text:You buy a stock for $50 per share. Over the next four months, it has monthly returns of 4%, 5%, 2%, and -3%. The value of a share at the end of the fourth month is O $51.20 O $54.02 O $55.11 O $56.45 O None of above
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