A man invested in 500 shares of a local business stock, Finance Basics

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A man invested in 500 shares of a local business stock

1. A man invested in 500 shares of a local business stock selling for $15.75 a share. A while later he sold half of his shares at $17.25. Calculate his investment rate of return and his capital gain. A man invested in 500 shares of a local business stock selling for $15.75 a share. A while later he sold half of his shares at $17.25.

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Finance Basics: A man invested in 500 shares of a local business stock

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