EAR = "Effective Annual Rate". Otherwise known as the simple interest rate.
Starting Price*(1 + EAR) = Current Price
43.78*(1+EAR) = 47.98
EAR = .0959 = 9.59%
APR = "Annual Percentage Rate". This is the interest rate per payment period. Since you did not specify a payment period I can only guess. If payment period is 1 year then the APR = EAR. If payment period is 1 month... then the math gets harder.
When you've made 9.6% in 3 months. SELL, SELL, SELL.
You bought a stock three months ago for $43.78 per share. The stock paid no dividends. The current share price is $47.98
What is the APR of your investment?
What is the EAR of your investment?
