Solved

Suppose You Purchased 100 Shares of Stock in 2000 for $20

Question 120

Multiple Choice

Suppose you purchased 100 shares of stock in 2000 for $20 a share,and the price now is $30 a share.Your capital gain,should you sell the stock,is


A) $1,000.
B) $3,000.
C) $1,500.
D) indeterminate without the inflation rate.

Correct Answer:

verifed

Verified

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

Related Questions