Question

Donna bought $3360 in stock and held it for one year. She paid $51 per share in cash, received no dividends, and sold the shares for $56 per share one year later. Ignoring transaction costs, what was her return on investment?

Answer 1

16800 increase

Step-by-step explanation:

so she bought 171360 in stocks, and 56 dollar per would equal 188160 dollars back or a 16800 dollar gain of money