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Home Q & A Board Science-Related Homework Help Mathematics
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majarm majarm
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6 years ago
A private post-secondary corporation had a 1-year low stock price of $5.00 and a high of $7.50. Assuming that you bought it at the lowest price and sold it at its highest price, what is the simple annual rate of return on your stock purchase?
A) 0.5%
B) 5%
C) 50%
D) 500%
E) 1/2 %
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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6 years ago
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majarm Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Chaldoren
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Yesterday
this is exactly what I needed
Mkersey12
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2 hours ago
Brilliant ツ
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