Ask Question
30 August, 08:36

Mathew had purchased 100 shares of Blue Corporation for $100 per share. Currently, the stocks of Blue Corporation are trading at $150. Which of the following is the return on Mathew's investment on one share?

(A) 65%

(B) 50%

(C) 75%

(D) 80%

(E) 40%

+2
Answers (1)
  1. 30 August, 08:41
    0
    (B) 50%

    Explanation:

    Mathew's personal returns on each share is 50% because he bought the shares for a price of $100, and now the shares are trading at a price of $150.

    If he sold the shares, he would gain $50, and $50 is obviously the 50% of he original $100 that he initially invested.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mathew had purchased 100 shares of Blue Corporation for $100 per share. Currently, the stocks of Blue Corporation are trading at $150. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers