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Author Question: Henry purchased stock in Nortel Networks for $120 per share. Unfortunately the stock did not perform ... (Read 65 times)

mpobi80

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on: Apr 25, 2021
Henry purchased stock in Nortel Networks for $120 per share. Unfortunately the stock did not perform very well in the 3 years that Henry has owned it as it is now trading at $3.93 per share. Feeling that the value of the stock will only continue to drop, Henry sold his shares today. What annual rate of return did Henry make on his investment?
◦ -68%
◦ -66%
◦ -67%
◦ -69%
◦ -70%
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by mpobi80 on Apr 25, 2021

pocatato

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mpobi80

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

connor417

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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