Question

Financial Algebra ARM and stock return question

use the table to answer the question that follows.


Day Stock Ticker High Close
1 Ferber Inc FER 24.76 19.25
2 Ferber Inc FER 25.16 19.87
3 Ferber Inc FER 26.81 20.19
4 Ferber Inc FER 25.90 21.17
5 Ferber Inc FER 26.05 22.43


Suppose you purchased 87 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?

Answer 1

@Abhisar

Answer 2

@amistre64

Answer 3

ROR is defined as what?

Answer 4

ROI in this case, return on ivestment