Question

At the start of a year, the MLS company's stock initially sold for $40 per share. At the end of the quarter, the company's stock was selling for $50 per share. What was the stock price's rate of return (percent increase)?

Answer 1

The rate of return from the information is 25%.

From the information given, the MLS company's stock initially sold for $40 per share and the end of the quarter, the company's stock was selling for $50 per share.

Therefore, the rate of return will be:

= [(50 - 40) / 40 ] × 100

= 10/40 × 100

= 25%

In conclusion, the correct option is 25%.

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