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True or False:

1) Assume you do not pay taxes on investment returns you when you sell. You invested in the common stock of facebook when it was selling for $30 per share. It now sells for $185 six years later. You are going to sell the 100 shares you bought. What is your annual rate of return on this investment. Your annual return is over 40% per year.

2) Assume you do not pay taxes on investment returns you when you sell. You invested in the common stock of facebook when it was selling for $30 per share. It now sells for $185 six years later. You are going to sell the 100 shares you bought. What is your annual rate of return on this investment. Your annual return is over 33% per year.

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Financial Management, Finance

Category:- Financial Management
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