Mathematics, 15.07.2020 07:01 2021arabellacorsino
Review financial websites or publications and gather the following information for three company stocks:
• the industry each company operates in
• the current market price of the company's shares
• the share price exactly one year ago
• the capital gains/losses for Investors in each stock for the past one year
Assuming that you bought one share of each stock exactly one year ago, and that the companies did not pay out dividends to investors. Use this
formula to calculate the rate of return on each stock for the past year:
annual rate of return = (current share price--share price a year ago)
100
The rate of return will be negative if the stock's current market price is less than what it was a year ago. Now, fill out the table below with the
Information you gathered for each stock.
Answers: 1
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