Question
3. You bought a stock four months ago for $82.32 per share. The stock paid no dividends. The current share price is $88.84. Required: What
3.
| You bought a stock four months ago for $82.32 per share. The stock paid no dividends. The current share price is $88.84. |
| Required: |
| What is the APR and EAR of your investment?(Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimalplaces(e.g., 32.16).) |
| Investment | |
| APR | % |
| EAR | % |
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
