document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=70501>Question 70501</A>: <I><SPAN STYLE=\"word-break: break-all;\"> YOU PURCHASED 1,000 SHARES OF OLIVER INC. COMMON STOCK 1 YEAR AGO FOR $50.00 PER SHARE. YOU DECIDED TO TAKE YOUR PROFIT TODAY BY SELLING AT $55.00 PER SHARE. WHAT IS YOUR HOLDING PERIOD RETURN?<BR>\n" );
document.write( "A. 10.0%<BR>\n" );
document.write( "B. 12.5%<BR>\n" );
document.write( "C. 15.0%<BR>\n" );
document.write( "D. 50.0%\r<BR>\n" );
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document.write( "I WORKED THIS AS $55/$50 = 1.1 = 10% IF YOU MOVE THE DECIMAL OVER 2 PLACES. PLEASE LET ME KNOW IF I WORKED THIS CORRECTLY.\r<BR>\n" );
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document.write( "THANK YOU SO MUCH FOR DOING WHAT YOU DO TO HELP US!\r<BR>\n" );
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document.write( "ANNETTE </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #50262 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley75><B>checkley75(3666)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley75><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=50262\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> ANOTHER PROCEDURE IS (55-50)/50=5/50-.1=10%<BR>\n" );
document.write( "YOUR ANSWER IS CORRECT.<BR>\n" );
document.write( "GOOD WORK<BR>\n" );
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