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Topic: Business
Number of pages / Number of words: 6 / 1430
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Between December 2000 and April 2001, the return using this methodology is 0.0012 percent. Ms. Baldwin would have earned more in a money market mutual fund. The second transaction in 2002 produces a loss of $350.00. The final transaction on February of 2003 produces a gain of approximately 36 percent...


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However, the gains must be taxed at her marginal tax rate as short term gains because the stock was not held for at least one year. The true annualized return (before taxes and commissions) is the following:

True Annualized Return

Year Return (%) Calculation

2000-01 0.00116 11263-11250/11250

2002 -0...


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