Solved

You Invested $1,400 in the Stock Market One Year Ago

Question 145

Multiple Choice

You invested $1,400 in the stock market one year ago. Today the investment is valued at $1,100. What return did you earn? What return would you need to get back next year to break even overall?


A) −14.62 percent, 31.19 percent
B) −9.43 percent, 31.67 percent
C) −21.43 percent, 27.27 percent
D) −29.17 percent, 32.18 percent

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions