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Greg purchased stock in Bear Stearns and Co. at a price of $85 per share one year ago. The company was acquired by JP Morgan
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Answer #1

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YOUR REQUIRED ANSWER IS OPTION D : -84.71%

\\ Rate \ of \ Return = \frac{Closing \ Price - Opening \ Price + Dividend}{Opening \ Price} \\ Rate \ of \ Return = \frac{\$13-\$85}{\$85}=-84.71\%

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