Javier purchased 100 stock shares of a publicly traded company for $2,500. One year later, Javier sold all shares for $3,250. What was Javier's rate of return on this investment? O 35% O 25% O 20% O 30% O 15% O 10%

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 2PROB
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Javier purchased 100 stock shares of a publicly traded company for $2,500. One year later, Javier
sold all shares for $3,250. What was Javier's rate of return on this investment? O 35% O 25% O
20% O 30% O 15% O 10%
Transcribed Image Text:Javier purchased 100 stock shares of a publicly traded company for $2,500. One year later, Javier sold all shares for $3,250. What was Javier's rate of return on this investment? O 35% O 25% O 20% O 30% O 15% O 10%
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