1/1/2017 : Open an account with $10,000 cash
1/2/2017 : Buy 100 shares of stock ABC at $10/share for a cost basis of $1000. Total Portfolio Value: $10,000
1/3/2017 : ABC stock goes to $20/share. Total Portfolio Value: $11,000
1/4/2017 : You withdraw $5,000 cash from the account. Total Portfolio Value: $6,000
What is your total return on the account as of 1/4/2017?
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Is it 10% because you made $1,000 dollars on initial account value of $10,000?
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Is it 20% because you made $1,000 dollars on remaining cash value of $4,000 plus $1,000 cost basis for the stock purchase?
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Is it something else?
Submitted April 19, 2017 at 12:06PM by MightB2rue http://ift.tt/2oVvBac
