Find rate of return on mathews investment, Accounting Basics

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Find rate of return on mathews investment

Question: Mathew purchased 100 shares of Blue Corporation for $100 per share. Currently, the stocks of Blue Corporation are trading at $150. Which of the following is the rate of return on Mathew's investment in one share? Group of answer choices 80% 40% 50% 75% 65%

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Accounting Basics: Find rate of return on mathews investment

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Accounting Basics: Find rate of return on mathews investment

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