Advanced Placement (AP), 26.10.2019 04:43 eloyjrcruz101

Imagine you purchased 75 shares of this stock on day 1 and sold all of those shares on day 3. what is the return on your investment? show your work.
day 1

75 shares x price = 13,179

day 3

75 shares x price = 13,293

return on investment = (final value - initial value) / initial value

if you had sold all of the stock on day 5 instead of day 3, what is the difference between the return on your investment? show your work.
day 1

75 shares x price = 13,179

day 5

75 shares x price = 13,177.5

return on investment = (final value - initial value) / initial value

Answers: 3

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Imagine you purchased 75 shares of this stock on day 1 and sold all of those shares on day 3. what i...

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