Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hunter made an investment in a strawberry company paying $4.80 per share. A year later he sold all his shares to a venture capitalist for

image text in transcribed Hunter made an investment in a strawberry company paying $4.80 per share. A year later he sold all his shares to a venture capitalist for $6.30 per share. What was his total 1 return? (round your answer to the nearest percent) 24% 39% 31% 35% 1 point The table below shows the last 10 vears returns for Foreigner Ltd. Calculate the risk and return for an investor in this company Risk 5.5%, Return 3% Risk 9%, Return 4% Risk 3%, Return 5.5% Risk 4%, Return 9% 1 point Gwen purchased a share one year ago for $25, and it is now worth $31. What was the share's rate of return during the year? (Round your answer to the nearest per cent.) 6% 15% 24% 26%

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_2

Step: 3

blur-text-image_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

Grow Your Small Business Profits How I Find A 100K In Any Business In 45 Minutes

Authors: Sharon Coleman

1st Edition

B0C9S9CCZJ, 979-8850917258

More Books

Students also viewed these Finance questions