Determine the net return did you earn on your share, Ask an Expert

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problem: You buy shares of a firm that recently executed an IPO at the post offering market value of 32 dollar per share, & you hold the shares for one year. You then sell your shares for 35 dollar per share. The firm does not pay dividends, & you are not subject to capital gains taxation. Throughout this year, the return on the overall stock market was eleven percent. Determine the net return did you earn on your share investment? Asses the return compared with the overall market return.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M917534

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