question archive Andrea purchased 250 shares of PAC stock for $37 per share and sold this same stock one year later for $44 per share

Andrea purchased 250 shares of PAC stock for $37 per share and sold this same stock one year later for $44 per share

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Andrea purchased 250 shares of PAC stock for $37 per share and sold this same stock one year later for $44 per share. He paid commissions of $15 when he purchased the stock and $10 when he sold the stock. Dividends of $1.50 per share were paid during the year. The total rate of return on this investment was

 

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