Question

Check my answer please! (multiple choice)

Answer 1

what is it

Answer 2

Suppose you purchased 78 shares of Ferber stock on Day 1 at the high price. What is the return on your investment, if you sold the stock on Day 5 at the high price?
A) 13.17% <--- my answer
B) 38.97%
C) 21.97%
D) 15.17%

Answer 3

cost of buying = 78* 28.67 = x
sold for 78*33.02 = y

profit = ( y - x)
---- * 100
x

Answer 4

re check your answer

Answer 5

Cost of buying = 2236.26
Cost of selling = 2575.56
2575.56-2236.26 = 339.3

Answer 6

I used your formula and got 15.17% :O

Answer 7

Thank you :) So the answer is D.

Answer 8

yes