Multiple Choice
If you purchased a share of Wesfarmers Limited stock on March 1,2009,for $45 and you sold the stock at $168 on February 28,2014,what was your annual rate of return on the stock?
A) 83%
B) 75%
C) 20%
D) 30%
E) 50%
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: If you place $50 in a savings
Q18: A timeline is a linear representation of
Q38: If you want to have $10,000 in
Q39: Money has a greater time value<br>A)when rates
Q42: Shane Jones wants to buy a one-way
Q46: The future value of an investment deposited
Q68: The effective annual rate increases when the
Q70: As the compound interest rate increases, the
Q86: Should you prefer to receive $100,000 right
Q93: The annual percentage rate on two different