Jenny Reed bought SSX stock for $25 per share. The annual dividend was $1.50 per share, and

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Jenny Reed bought SSX stock for $25 per share. The annual dividend was $1.50 per share, and after 4 years, SSX was selling for $34 per share.

(a) What is the return on investment?

(b) Find the simple interest rate of growth of her money.

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Oct 21, 2020 03:48 AM

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Jenny Reed bought SSX stock for $25 per share. The annual dividend was $1.50 per share, and

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a 34 4150 25 1500 150025 06 ...View the full answer

Mathematical Applications For The Management, Life And Social Sciences

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