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21 June, 02:31

Mathew had 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 return on Mathew's investment on one share?

(A) 65%

(B) 50%

(C) 75%

(D) 80%

(E) 40%

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Answers (1)
  1. 21 June, 05:31
    0
    (B) 50%

    Explanation:

    Mathew's personal returns on each share is 50% because he bought the shares for a price of $100, and now the shares are trading at a price of $150.

    If he sold the shares, he would gain $50, and $50 is obviously the 50% of he original $100 that he initially invested.
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