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Greg purchased stock in bear stearns and co at a price of

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Reference no: EM13575927

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?

a
-88.76%
b
-96.25%
c
-79.00%
d
-85.45%

Reference no: EM13575927

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