An investor purchased 50 shares of stock in a company for $600. One year later, the investor sold all 50 shares for $13 per share. What is the investor's rate of return?

Question

asked Aug 4, 2023 24.0k views

1 Answer

Sctskw · Answer 1 · 2023-08-09T21:09:01+0000

Answer: $50

Explanation: he invested 600 and sold them all for $13 per share and

13 X 5 = 650 so his return on investment is $50.