An investment of 5000 in biotech common stock proved to be


Question: An investment of $5000 in Biotech common stock proved to be very profitable. At the end of 3 years the stock was sold for $25000. What was the rate of return on the investment?

Solution Preview :

Prepared by a verified Expert
Microeconomics: An investment of 5000 in biotech common stock proved to be
Reference No:- TGS02451928

Now Priced at $15 (50% Discount)

Recommended (96%)

Rated (4.8/5)