Save Answer 1. On July 22, 2015 Peter purchased 30 shares of XYZ Inc. stock at $149.73 per share On July 22, 2014 Peter sold all his shares at $164.28. What is Peter's percentage rate of return on his investment in XYZ Inc. stock (XYZ Inc. stock didn't pay any dividends) over this period? OA 7.95% OB. 8.86% OC.10.14% OD. 9.72%

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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Save Answer 1. On July 22, 2015 Peter purchased 30 shares of XYZ Inc. stock
at $149.73 per share On July 22, 2014 Peter sold all his shares at $164.28.
What is Peter's percentage rate of return on his investment in XYZ Inc. stock
(XYZ Inc. stock didn't pay any dividends) over this period? O A 7.95% OB.
8.86% OC.10.14% OD. 9.72%
Transcribed Image Text:Save Answer 1. On July 22, 2015 Peter purchased 30 shares of XYZ Inc. stock at $149.73 per share On July 22, 2014 Peter sold all his shares at $164.28. What is Peter's percentage rate of return on his investment in XYZ Inc. stock (XYZ Inc. stock didn't pay any dividends) over this period? O A 7.95% OB. 8.86% OC.10.14% OD. 9.72%
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