JT purchases 1,000 shares of stock at $14.78 per share in January 2006. He sells the 1,000 shares in
January 2010 for $15.50 per share. What is his internal rate of return?
A) 11.2% B) 2.11% C) 1.2% D) 1.12%
C
Business
January 2010 for $15.50 per share. What is his internal rate of return?
A) 11.2% B) 2.11% C) 1.2% D) 1.12%
C