If a stock rose from $10 to $30 over ten years, the annual rate of return:
A. Was 20 percent.
B. Was greater than 20 percent.
C. Was less than 20 percent.
D. Cannot be determineD.
Answer:A
If a stock rose from $10 to $30 over ten years, the annual rate of return:
A. Was 20 percent. B. Was greater than 20 percent. C. Was less than 20 percent. D. Cannot be determineD.