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Title: Henry purchased stock in Nortel Networks for $120 per share. Unfortunately the stock did not perform ... Post by: bigexternal on Jan 13, 2017 Henry purchased stock in Nortel Networks for $120 per share. Unfortunately the stock did not perform very well in the 3 years that Henry has owned it as it is now trading at $3.93 per share. Feeling that the value of the stock will only continue to drop, Henry sold his shares today. What annual rate of return did Henry make on his investment?
A) -68% B) -66% C) -67% D) -69% E) -70% Title: Re: Henry purchased stock in Nortel Networks for $120 per share. Unfortunately the stock did not ... Post by: Blimp on Jan 18, 2017 Content hidden
Title: Re: Henry purchased stock in Nortel Networks for $120 per share. Unfortunately the stock did not perform ... Post by: bigexternal on Mar 22, 2017 Really appreciate the effort, thank you for responding
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