Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.You purchased a share of stock for $50. Two years later you received $2 as dividend and sold the share for $59. What was your

1.You purchased a share of stock for $50. Two years later you received $2 as dividend and sold the share for $59. What was your holding period return? A. 18% B. 22% C. 20% D. 25% 2. Related to the previous question, what was your effective annual rate? A. 12.5% B. 10.5% C. 10.0% D. 9.5% 3. You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 100% sure. Placing a ___________ may protect your current gains of $30 while at the same time keeping the opportunity open for future upward potential. A. limit-buy order B. limit-sell order C. stop-buy order D. stop-loss order 4. A limit buy order is an order to buy if the stock price goes ___ a specified level; a stop buy is an order to buy if the stock price goes ___ a specified level; a limit sell is an order to sell if the stock price goes ___ a specified level; a stop loss is an order to sell if the stock price goes ___ a specified level. A. above; below; above; below B. below; above; above; below C. below; above; below; above D. above; below; below; above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investing In Cryptocurrency For Dummies

Authors: Kiana Danial

1st Edition

1394200838, 978-1394200832

More Books

Students also viewed these Finance questions

Question

Different formulas for mathematical core areas.

Answered: 1 week ago