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Yes Trading Co's share price was $22 at the start of the year and at the...

Yes Trading Co's share price was $22 at the start of the year and at the end of the year was $42.

During the year a $1 was received.

What is the return on the investment ? (correct to the nearest whole number and ignore % sign).

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Answer #1

Return on investment = (Income+Price at the end- Initial investment)/ Initial investment

= (1+42-22)/22

=95.45%

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