Question
1. Sammy buys 150 shares of Intel stock at a price of $43.26 per share. 4 months later he sells it when the price is
1. Sammy buys 150 shares of Intel stock at a price of $43.26 per share. 4 months later he sells it when the price is $37.88 per share.
What is his total investment?
| A. | -$6,489.00 | |
| B. | -$7,349.00 | |
| C. | $5,3477.99 | |
| D. | $6,489.00 |
2. Sammy buys 150 shares of Intel stock at a price of $43.26 per share. 4 months later he sells it when the price is $37.88 per share.
What is his dollar return?
| A. | -$807.00 | |
| B. | -$756.25 | |
| C. | $648.75 | |
| D. | $756.25 |
3. Sammy buys 150 shares of Intel stock at a price of $43.26 per share. 4 months later he sells it when the price is $37.88 per share.
What is his holding period percent return?
| A. | 5.44% | |
| B. | 12.44% | |
| C. | -12.44% | |
| D. | -5.44% |
4. Sammy buys 150 shares of Intel stock at a price of $43.26 per share. 4 months later he sells it when the price is $37.88 per share.
What is his EAR?
| A. | -12.44% | |
| B. | -32.86% | |
| C. | 5.37% | |
| D. | 12.44% |
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How To Get Money For College Financing Your Future Beyond Federal Aid
Authors: Mark D. Snider
1st Edition
0768928869, 978-0768928860
