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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?
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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?

User Michael Bishop
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1 Answer

4 votes

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.

User Sctskw
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