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Author Question: Greg purchased stock in Bear Stearns and Co. at a price of $89 per share one year ago. The company ... (Read 53 times)

Zoey63294

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Greg purchased stock in Bear Stearns and Co. at a price of $89 per share one year ago.  The company was acquired by JP Morgan at a price of $10 per share.  What is Greg's return on his investment?
◦ -79.00%
◦ -85.45%
◦ -96.25%
◦ -88.76%


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Marked as best answer by Zoey63294 on Jul 9, 2019

ebonylittles

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