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Jacob purchased 110 shares of stock in a computer company at $92.63 per share and Rae purchased 45 shares of stock in a different computer company for $87.45 per share. After holding the stock for two years, Jacob sold his for a total of $11,120.53, and Rae sold hers for a total of $4,192.10. Which person had a higher ROI and by how much?

A. Jacob: 9.1% more
B. Rae: 6.5% more
C. Jacob: 2.6% more
D. Rae: 2.6% more

I think C? I'm not sure.

1 answer

I agree.

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