You sold 100 shares of stock today for $30 per share that you paid $20 for 6 years ago. Determine the average annual rate of return on your investment, assuming the stock paid no dividends
A) 25%
B) 8.33%
C) 150%
D) 7%
D
Business
A) 25%
B) 8.33%
C) 150%
D) 7%
D