Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2022

- A stock had a return of 11.7 percent last year. - If the inflation rate was 3.4 percent, what was the approximate real

- A stock had a return of 11.7 percent last year. - If the inflation rate was 3.4 percent, what was the approximate real return?

Step by Step Solution

★★★★★

3.44 Rating (167 Votes )

There are 3 Steps involved in it

Step: 1

Stocks return 59 i... 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

Step: 3

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

Fundamentals of Investments, Valuation and Management

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

8th edition

1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697

More Books

Students also viewed these Accounting questions

Question

★★★★★

A stock had a return of 8.9 percent last year. If the inflation rate was 2.1 percent, what was the approximate real return?

Answered: 1 week ago

Question

★★★★★

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...

Answered: 1 week ago

Question

★★★★★

RCMP, Inc. shares rose 10 percent in value last year while the inflation rate was 3.5 percent. What was the real return on the stock? If an investor sold the stock after one year and paid taxes on...

Answered: 1 week ago

Question

★★★★★

The Eldorado Corporation's controller prepares adjusting entries only at the end of the fiscal year. The following adjusting entries were prepared on December 31, 2011: Additional information: 1. The...

Answered: 1 week ago

Question

★★★★★

Which of the following offer the lowest effective rate for Wolf Howl jackets? Assume Wolf Howl will need to borrow $800,000 for 180 days. a. A 14% APR bank loan b. A 13% APR, discounted bank loan. c....

Answered: 1 week ago

Question

★★★★★

The output function of a network in expressed using Laplace transform in the following form. Find the output vo(t) as a function oftime. 12 V,(s) s(s? + 3s + 2) a 12 + 3* + 4 u(1)V 12 + 3e 2 + 4e b....

Answered: 1 week ago

Question

★★★★★

Does the researcher overconclude? Are the conclusions supported by the results?

Answered: 1 week ago

Question

★★★★★

Reinfort executed a written contract with Bylinski to purchase an assorted collection of shoes for $3,000. A week before the agreed shipment date, Bylinski called Reinfort and said, We cannot deliver...

Answered: 1 week ago

Question

★★★★★

solve it by steps A rough rule of thumb for the chemical industry is that $1 of annual sales requires $2 of fixed capital investment. In a chemical processing plant where this rule applies, the total...

Answered: 1 week ago

Question

★★★★★

1. Who are the stakeholders involved, and what are their interests? 2. Which stakeholders and interests are the most important? Why? 3. What was wrong with the quality of the board of directors...

Answered: 1 week ago

Question

★★★★★

When using Licensee Certification cards, the server should... Ensure the card is filled out correctly and signed by the person presenting the ID and file it Fill out the card for the person...

Answered: 1 week ago

Question

★★★★★

What are the skills of management ?

Answered: 1 week ago

Question

★★★★★

Which of these chemicals is used as a water softening agent? [A] Baking soda [B] Washing soda [C] Bleaching powder [D] Slaked lime

Answered: 1 week ago

Question

★★★★★

Which of these chemicals is used to form soaps containing sodium salts? [A] Sulphuric acid [B] Sodium hydroxide [C] Nitric acid [D] Carbonic acid

Answered: 1 week ago

Question

★★★★★

Which of the following elements is used for vulcanizing rubber? [A] Chlorine [B] Phosphorus [C] Sulphur [D] Bromine

Answered: 1 week ago

Question

★★★★★

Which of the following soils have a high content of aluminium and iron oxide? [A] meadow soil [B] podzol soil [C] chernozem soil [D] pedalfer soil

Answered: 1 week ago

Question

★★★★★

KM Flexible Budgeting Case [LO9-1, LO9-2, LO9-3] Theodore's Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional...

Answered: 1 week ago

Question

★★★★★

Consider the following cash flows in Table P5.5. (a) Calculate the payback period for each project. (b) Determine whether it is meaningful to calculate a payback period for project D. (c) Assuming...

Answered: 1 week ago

Question

★★★★★

When hedging its exchange rate risk on the freight car sale, Jackson used a futures contract to: a. Sell ¬15 million in exchange for $18.75 million. b. Buy ¬15 million in exchange for $18.75...

Answered: 1 week ago

Question

★★★★★

A group of investors was polled each week for the last five weeks about whether they were bullish or bearish concerning the market. Construct the market sentiment index for each week based on these...

Answered: 1 week ago

Question

★★★★★

What is the Jensen alpha for the Miranda Fund? a. 0.2216 b. 0.3515 c. 0.0745 Kelli Blakely is a portfolio manager for the Miranda Fund, a core large-cap equity fund. The market proxy and benchmark...

Answered: 1 week ago

Question

★★★★★

Alexander Corporation (a U.S.-based company) acquired 100 percent of a Swiss company for 8.2 million Swiss francs on December 20, Year 1. At the date of acquisition, the exchange rate was $0.70 per...

Answered: 1 week ago

Question

★★★★★

How does a parent company determine the appropriate method for translating the financial statements of a foreign subsidiary?

Answered: 1 week ago

Question

★★★★★

Gramado Company was created as a wholly owned subsidiary of Porto Alegre Corporation on January 1, Year 1. On that date, Porto Alegre invested $42,000 in Gramado's capital stock. Given the exchange...

Answered: 1 week ago

Previous Question Next Question