Solved

If You Have Purchased 100 Shares of ABC Stock at $8

Question 31

Multiple Choice

If you have purchased 100 shares of ABC stock at $8 per share, and a year later the price of the stock was $12 per share, what would be your capital appreciation rate for the first quarter of the year?


A) 25%
B) 50%
C) 100%
D) Unable to determine

Correct Answer:

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