If you bought a stock for $53 dollars and could sell it 16 years
later for...
60.1K
Verified Solution
Link Copied!
Question
Finance
If you bought a stock for $53 dollars and could sell it 16 yearslater for three times what you originally paid. What was yourreturn on owning this stock?
Include functional formulas utilized in Microsoft®Excel® for your answers presented (in other words - do not simplytype answers in the spaces required).
Answer & Explanation
Solved by verified expert
4.3 Ratings (867 Votes)
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
