Solved

Donna Warne Purchased a Share of Company X at $700

Question 106

Multiple Choice

Donna Warne purchased a share of company X at $700 one year ago. The share is now trading at $850. Calculate the percent capital gain if Donna sells her share at the current price.


A) 17.6%
B) 150%
C) 6.7%
D) 21.4%

Correct Answer:

verifed

Verified

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

Related Questions

Q101: Jones Inc., a company manufacturing drills, earned

Q102: Firms A, B, and C operate in

Q103: Which of the following types of returns

Q104: Jack Simmons is expecting to earn a

Q105: The Paasche index uses the _ period

Q107: The _ equation is a theoretical relationship

Q108: The income component is _ for stocks,

Q109: The real return from investing $100 in

Q110: The Laspeyres price index uses the quantities

Q111: Which of the following correctly identifies the