The annual return on your investment


Assume you do not pay taxes on investment returns you when you sell. You invested in the common stock of facebook when it was selling for $30 per share. It now sells for $185 six years later. You are going to sell the 100 shares you bought. What is your annual rate of return on this investment.

The annual return on your investment is:

DO NOT USE THE % sign in your answer. Only enter a number. The format must be 26.32

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The annual return on your investment
Reference No:- TGS02747436

Expected delivery within 24 Hours