Question

One year ago, you bought a share for $9.90. Unfortunately, the share did not pay you...

One year ago, you bought a share for $9.90. Unfortunately, the share did not pay you any dividends during that year. The share price is now $9.09. What is the return you received on this share? (as a percentage to the nearest two decimal points. don’t use % sign. eg 2.881% is 2.88)

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Answer #1

The share had given negative returnes of 8.18 which is calculated in following manner 9.90 _ 9.09 ÷ 100 .

So the answer to the question is. - 8.18

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