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Accounting 201: Chapter 1: Open Ended Assignment Chapter 1 Open-Ended Assignment Note: Please put your answers only in the section below the Bold Red sentence
Accounting 201: Chapter 1: Open Ended Assignment
Chapter 1 Open-Ended Assignment Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. Mary Rentworth recently received a bonus at work and has decided to invest it in the stock of either Short Corporation or Tall Corporation. The Inline information inruldad: The stock price as of 1/1/2021 was $50 for Short, and $40 for Tall. The stock price as of 12/31/2021 was $59 for Short and $42 for Tall. Dividends per Required: A. Determine the value or each investment on December 31, 2021 B. Determine the annual rates of return on the two stocks for the year 2021, C. Based only on your calculations above, in which stock would you recommend Mary invest? D. Mary decided to not take your advice, and Instead invested in 100 shares of both stocks on January 1, 2022 when the prices were still the same as the day before, calculate Mary's annual rate of return on her whole portfolio for 2022 the price of Short on 12/31/2022 was $61, the price of Toll on 12/31/2022 was $64. Short palda Your answers to this open-ended assignment should be placed in the space below this tine. A Short Tall Price of stock 12/31/2021 Dividend received Total investment value at 12-91-2021 B Short Tali Total value as of 12/31/2021 Total investment at 1/1/2021 Total return for the year Annual rate of return D Short Tall Total Total value as of 12/31/2022 Total investment at 1/1/2022 Total return for the year Annual rate of return for 2022 Step by Step Solution
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