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Assume That You Purchased 100 Shares of a Stock for $60

Question 109

Multiple Choice

Assume that you purchased 100 shares of a stock for $60 a share,that you did not receive any dividends,and that you sold your stock for $70 a share at the end of one year.What is the total return for your investment?


A) $60
B) $70
C) $100
D) $700
E) $1,000

Correct Answer:

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