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

Question

1 Approved Answer

help Return on Stock. Emma bought a stock a year ago for $40 per share. She received no dividends on the stock and sold the

image text in transcribedhelp
Return on Stock. Emma bought a stock a year ago for $40 per share. She received no dividends on the stock and sold the stock today for $32 per share. What is Emma's return on the stock? Emma's return on the stock is %. (Enter as a percentage and round to two decimal places. Be sure to include a negative sign, if appropriate.)

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

Banking Secrecy And Global Finance

Banking Secrecy And Global Finance

Authors: Donato Masciandaro, Olga Balakina

1st Edition

1137400099, 978-1137400093

More Books

Students also viewed these Finance questions

Question

★★★★★
Give two examples of staffing strengths and weaknesses of an organization with which you are familiar.

Answered: 1 week ago

Question

★★★★★
Need Help Answering (Cash Flow) Consolidated Statements of Cash Flows 2017 7,102 2016 6,836 2015 8,548 $ $ $ 10,604 3,078 7,144 3,134 15,411 2,820 543 351 (601) (5,490) 337 Amounts in millions: Years...

Answered: 1 week ago

Question

★★★★★
Receive an education that will highlight the traditions and accomplishments of people of your race?

Answered: 1 week ago

Question

★★★★★
1. Which aspects of Apple's culture have helped it succeed in its global growth and which may have impeded it? 2. Which aspects of Samsung's culture have helped it succeed in its global growth and...

Answered: 1 week ago

Question

★★★★★
Early in 2022. Sheffield Corp. switched to ajust-in-time inventory system. Its sales and inventory amounts for 2021 and 2022 are shown below 2021 2022 Sales revenue $3,350,000 $3,750,000 1.152,000...

Answered: 1 week ago

Question

★★★★★
The cost of forgoing the discount on trade credit of 4/10, net 90 is equal to: Multiple Choice O 20.52% 18.25% 19.01% 12.13% A

Answered: 1 week ago

Question

★★★★★
Computerized medical records have promoted ________ in recent years, while industry costs are ________. Question 28 options: a) greater efficiency; rising b) decreased privacy; declining c) greater...

Answered: 1 week ago

Question

★★★★★
You recently bought a home M7.5 Discussion: Considering the Possibilities in Your Own Backyardwith a structure distant from the main house. This area was used as an art studio by the previous owner....

Answered: 1 week ago

Question

★★★★★
When several conditions are necessary for the top event to occur, we use the "AND" symbol. If the failure rates (IE probabilities) are known for each of these conditions, what would we then do to...

Answered: 1 week ago

Question

★★★★★
Question 1 Which theoretical probabilities are equal to 1/3? Check all that apply. landing on a star space on the first roll rolling an even number on the first roll landing at Cat Town on the first...

Answered: 1 week ago

Question

★★★★★
Suppose you put $1,500per month into a Roth IRA, that pays 10%APR (compounded monthly).Assume you have nothing saved today, calculate the future value of the retirement account 30 years from today....

Answered: 1 week ago

Question

★★★★★
3 Does it really matter? Remember, this survey is for material to be used in marketing. Do you think students will infer that quotes from very successful graduates mean that every student at the...

Answered: 1 week ago

Question

★★★★★
Now imagine that you are presenting the topic to a receptive audience, a neutral audience, and a hostile audience. What do you as a speaker need to do in order to prepare to present your topic to...

Answered: 1 week ago

Question

★★★★★
What do you think about children playing competitive sports? (general)

Answered: 1 week ago

Previous Question Next Question