Imagine you purchased 75 shares of this stock on Day 1 and sold all of those shares on Day 3. What is the return on your investment? Show your work.
Day 1
75 shares x price = 13,179
Day 3
75 shares x price = 13,293
Return on Investment = (Final value - Initial value) / Initial value
If you had sold all of the stock on Day 5 instead of Day 3, what is the difference between the return on your investment? Show your work.
Day 1
75 shares x price = 13,179
Day 5
75 shares x price = 13,177.5
Return on Investment = (Final value - Initial value) / Initial value
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