February 24, 2017

Homework Help: finance for decision makers

Posted by usha on Sunday, February 1, 2009 at 6:04pm.

After 20 years, 100 shares of stock originally purchased for $1000 was sold for $5,000. What was the yield on the investment? Choose the closest answer.
a) 19%
b) 5%
c) 12.7%
d) 8%

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