Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

26) Four months ago, you purchased 900 shares of LBM stock for $7.68 a share, dividend payment of S.12 a share. Today, you sold the

image text in transcribed
26) Four months ago, you purchased 900 shares of LBM stock for $7.68 a share, dividend payment of S.12 a share. Today, you sold the shares for $9.13 a share. on this investment? A) S1,305 ) s 1.413 C) $1,512 D) $1,394 E) S1,080 Last month, you received a 27) One year ago, you purchased 100 shares of Best Wings stock at a price of S38.19 a share. The company pays an annual dividend of $.46 per share. Today, you sold for the shares for $37.92 a share. What is your total percentage return on this investment? A) 2.62 percent B) 1.93 percent C) 2.72 percent D) 1.08 percent E).50 percent 28) A stock had returns of 5 percent, 14 percent, 11 percent,-8 percent, and 6 What is the standard deviation of these returns? A) 7.74 percent B) 8.21 percent C) 9.68 percent D) 8.44 percent E) 7.49 percent esaturm of 9.8 percent and a standard deviation of 15.4 na

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Finance questions