Question

At the start of a year , company XY’Zs stock is $40 per share. At the end, the company’s stock is $60 per share. What was the stock prices rate of return (percent increase)?

Answer 1

(60-40)/40=.5 so a 50% increase in return and you can check by doing 1.5 times 40 which is 60

Answer 2

$ 80 xyz

Explanation:

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