FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 points Save Answer Two years ago an investor bought 100 shares of a common stock and paid $50 per share. A year later, the

image text in transcribed

4 points Save Answer Two years ago an investor bought 100 shares of a common stock and paid $50 per share. A year later, the investor sold the stock for $58 after receiving dividend checks totaling $40. What is the percentage return on this investment? 16.896 $8.4 0.16 8.496 16.8 Flicks

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

Real Estate Finance Theory And Practice

Real Estate Finance Theory And Practice

Authors: Terrence M. Clauretie, G. Stacy Sirmans

4th Edition

032414377X, 978-0324143775

More Books

Students also viewed these Finance questions

Question

★★★★★
Mary Song, a Toronto investor, receives $10,000 in dividends from B.C. Forest Products shares, $10,000 in interest from a deposit in a chartered bank, and a $10,000 capital gain from selling Central...

Answered: 1 week ago

Question

★★★★★
2. Based on your investment goals and the amount of money you have available to invest, what types of mutual funds would you consider?

Answered: 1 week ago

Question

★★★★★
What are your current research studies?

Answered: 1 week ago

Question

★★★★★
Contrast the buying process for the DOD with buying process used by Target Corporations procurement of laundry detergent from P&G for resale in Target Stores. What aspects of those buying processes...

Answered: 1 week ago

Question

★★★★★
We need a three - stage space - division switch with N = 1 0 0 . We use 4 crossbars at the first and third stages and 5 crossbars at the middle stage. Calculate the total number of crosspoints. Your...

Answered: 1 week ago

Question

★★★★★
A solution of 0.1 L of 0.3 M Ca(NO3)2 is mixed with 0.2 L of 0.06 M NaF. Calculate the reaction quotient Qsp. Does calcium fluoride precipitate? (Ksp (CaF2) = 3.2 1011). (A) Qsp = 1.6 104; no...

Answered: 1 week ago

Question

★★★★★
Find your own example of greenwashing. Explain why you think it constitutes greenwashing. If you were the CEO, would you have authorized the ad you chose? Why or why not?

Answered: 1 week ago

Question

★★★★★
Q22 (a) has been address You receive a task to create a new subnet with two servers. This subnet will be connected to an existing router. The new subnet allocated with network 192.168.20.24/29. The...

Answered: 1 week ago

Question

★★★★★
A construction company in London regularly participates in the bidding process for large scale construction projects in the capital. Over the last few years the company has enjoyed a stable success...

Answered: 1 week ago

Question

★★★★★
The average number of arrivals at a box office is 10 customers per hour. Only 1 customer can be served at the box office at any given time. It takes on average 3.5 minutes for a customer to be...

Answered: 1 week ago

Question

★★★★★
Explain the function of human heart and draw a clear diagram of human heart along with the proper labelling of each part.

Answered: 1 week ago

Question

★★★★★
5. Discuss the main elements in an occupational security and risk management programs.

Answered: 1 week ago

Question

★★★★★
6. Explain what causes unsafe acts.

Answered: 1 week ago

Question

★★★★★
3. Several years ago, 8,000 Amtrak workers agreed not to disrupt service by walking out, at least not until a court hearing was held. Amtrak had asked the courts for a temporary restraining order,...

Answered: 1 week ago

Previous Question Next Question