Question: You purchase 15 shares of Initech stock at $25 per share. Later, you sell your shares when the price is $30 per share. What is your dollar return? (Answer should be just a number. Do not include a dollar symbol.)
2. You purchase 15 shares of Initech stock at $25 per share. Later, you sell your shares when the price is $30 per share. What is your rate of return? (Answer should be in the form of a percentage. Do not include a percent symbol.)