Mathematics A private post -secondary corporation has 1 year low stock price of $18.69 and high price of $40.47.Assume that you bought it at the lowest price and sold it at highest price.what is simple rate of return on stock purchase. a.)116.533%
b.)106.712%
C.)107.812%
D.)107.612%

Step-by-step explanation:

First you would find the difference 162-120=42
Then you would divide 42/120=.35
Then you move the decimal place over 2 to get a percent. 35%
Since the number is getting larger, it would be a 35% increase.
You can double check this by dividing 120 by 100 120/100=1.2
Then you would multiply it by 35 1.2×35=42
120+42=162
35% increase is the correct answer