Calculate yield on the investment
Question5: After twenty (20) years, 100 shares of stock originally purchased for 1000 dollar was sold for $5,000. Calculate the yield on the investment? Select the closest answer.
[A] 12.7%
[A] 8%
[C] 19%
[D] 5%
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After twenty (20) years, 100 shares of stock originally purchased for 1000 dollar was sold for $5,000. Calculate the yield on the investment?
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