Question

An investor purchased 50 shares of
stock in a company for $1000. One
year later, the investor sold all 50
shares for $950. What is the
investor's rate of return?
A. -5.0%
B. 5.0%
C.-5.3%
D. 5.3%

Answer 1

Answer:

50×100÷950=5.26

Round off 5.26

=5.3%