Tracy is thinking about buying 100 shares of a stock selling for $15 per share. The stock pays no dividends. Her broker says that the stock will be worth $20 per share in 2 years. What is the annual rate of return on this investment?

Printable View

- August 12th 2008, 05:30 AMmagentaritaFind the Annual Rate
Tracy is thinking about buying 100 shares of a stock selling for $15 per share. The stock pays no dividends. Her broker says that the stock will be worth $20 per share in 2 years. What is the annual rate of return on this investment?

- August 12th 2008, 05:46 AMCaptainBlack
- August 12th 2008, 09:10 PMmagentaritaCan you..
Can you break it down another way?

- August 13th 2008, 02:04 AMCaptainBlack
- August 13th 2008, 04:26 AMmagentaritaThanks...
Thank you so much. I got it now.