Suppose jean splicer an investor buys 500000 of shares of


Question: A) Suppose Jean Splicer, an investor, buys $500,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $530,000. Assume the value of the CPI at the date of Jean's purchase was 190 and rose by the sale date one year later to 200 while the value of the GDP Deflator was 120 at the time of her purchase and rose to 125 by the date she sold her shares. What was Jean's real rate of return on this investment? ?3 pts

B) Explain why you used either the CPI data or the GDPD data in your answer to part A.

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Microeconomics: Suppose jean splicer an investor buys 500000 of shares of
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