Six years after buying 150 shares of xyz stock for $60 per share,you sell the stock...

Question

Question

Six years after buying 150 shares of xyz stock for $60 per share,you sell the stock for $14,400.

The total return is

The annual return is

math algebra

Answer 1

Answer #1

buying 150 shares of xyz stock for $60

total value is 150 60 9000

sell the stock for $14,400.

total return is =14400-9000

.

total return is ${\color{Red} =5400}$ dollars

Answer 2

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