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19- If a stock returns 7.2% per year, what is the total number of years it takes for your investment of $1,000,000 to double in

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19- If a stock returns 7.2% per year, what is the total number of years it takes for your investment of $1,000,000 to double in value?

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20- Suppose you invested $59 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.73 today and then you sold it for $68. What was your return on the investment (%)?

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Microsoft Date Price Dividend 10/1/2019 1/1/2020 4/1/2020 7/1/2020 10/1/2020 $ $ $ $ $ 138.12 161.34 158.83 206.26 216.81 $ $ $ $ 1.00 1.00 1.00 1.00 You purchase Microsoft stock on 10/1/19 and sell on 10/1/20 - Based upon the chart above, calculate your annualized realized return (R-annual) for the year? 57.97% 60.45% 17.54% -0.94%

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