cost = 5000
gain=7700 - 5000 = 2700
percent gain = 100 (2700/5000)
divide that by 6 for yearly gain
6 years after buying 100 shares of XYZ stock for $50 per share, you sell the stock for $7700.
The total return is ____%
The annual return is ____%
2 answers
4 years after buying 200 shares of XYZ stock for $60per share, you sell the stock for 17,900