Compute the total and annual returns on the described investment.

timer Asked: Jun 4th, 2013

Question Description

Need help with my question - I’m studying for my class.

Compute the total and annual returns on the described investment.

4 years after buying 800 shares of XYZ stock for $30 per share, you sell the stock foe $4,000

a) Total Return: 87.50%

    Annual Return:37.91%

b) Total Return: 70.83%

 Annual Return: 30.69%

c) Total Return: 83.33%

 Annual Return: 36.11%

d) Total Return: 75.00%

 Annual Return: 32.50%


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