Seven years after paying $5708 for shares in a new company , you sell the shares for $11,475.
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Mathematics, 12.12.2019 00:31 ecloud
Seven years after paying $5708 for shares in a new company , you sell the shares for $11,475.
a) what is the total return
b) what is the annual return
Answers: 1
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Mathematics, 21.06.2019 14:30, superfly903
Suppose there is a simple index of three stocks, stock abc, stock xyz, and stock qrs. stock abc opens on day 1 with 4000 shares at $3.15 per share. stock xyz opens on day 1 with 5000 shares at $4.30 per share. stock qrs opens on day 1 with 6000 shares at $4.60 per share. the price of stock abc on day 8 begins at $3.50. the price of stock xyz on day 8 begins at $3.90. stock qrs opens on day 8 with a price of $4.50 per share. assume that each stock has the same number of shares that it opened with on day 1. what is the rate of change of this simple index over 1 week?
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