Solved

Jeremy Purchased 100 Shares of FB for $19 Per Share

Question 106

Multiple Choice

Jeremy purchased 100 shares of FB for $19 per share in September 2012 and sold them 3 years later at $91 per share. At what annual rate did the value of his investment grow?


A) about 95%
B) about 48%
C) about 69%
D) about 12%

Correct Answer:

verifed

Verified

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

Related Questions