Multiple Choice
You invested $5,000 in the stock market one year ago. Today, the investment is valued at $4,500. What return did you earn? What return would you need to get next year to break even overall?
A) −111.11 percent, +90 percent, respectively
B) −90 percent, +111.11 percent, respectively
C) −10 percent, +11.11 percent, respectively
D) −11.11 percent, +10 percent, respectively
Correct Answer:
Verified
Correct Answer:
Verified
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