Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 08, 2024

Jack bought a share of stock for $184, hold for 10 month, collected $26 dividend, and sold stock for $176. His total return (holding period

Jack bought a share of stock for $184, hold for 10 month, collected $26 dividend, and sold stock for $176. His total return (holding period return) was ________.

a. 9.78%

b. 12.67%

c. 10.22%

d. 8.44%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Principles Of Managerial Finance

Authors: Chad J. Zutter, Scott Smart

16th Edition

0136945880, 978-0136945888

More Books

Students also viewed these Finance questions

Question

★★★★★

Show that Theorem 6 - 8 hold true if, for all x ( ( 0 ( F(x) ( B and 0 ( Fn (x) ( B, n = 1,2,..., for some B > 0, as indicated in Remark 6?

Answered: 1 week ago

Question

★★★★★

Utilitarianism weighs the possible costs and benefits of moral choices. According to this approach, you should seek to do the greatest good for the greatest number of people. To conduct a utilitarian...

Answered: 1 week ago

Question

★★★★★

=+21. Sugar prices. The price of sugar fluctuates on the United States market. Here are the prices ($/pound) for the years 20082012. 2008 2009 2010 2011 2012 0.39 0.37 0.29 0.21 0.20 a) Find a 3-year...

Answered: 1 week ago

Question

★★★★★

1. Using the framework in Figure 10.3, how would you categorize information technology, temporary personnel, and advertising as spend categories for the bank? Why? 2. What recommendations do you have...

Answered: 1 week ago

Question

★★★★★

Illustration 22: The following information is available from an intensive care unit. Rent (including repairs) 10,000 p.m. The unit cost consists of 25 beds and 5 more beds can be accommodate when the...

Answered: 1 week ago

Question

★★★★★

if sales are $24.000, variable costs are $8,000, and fixed costs are $3,000, the contribution margin ratio is (rounded to the nearest number) a 13% b. None of the given answers C.67% d. 33% e 54%

Answered: 1 week ago

Question

★★★★★

Question: Write a MATLAB script to visualize a 3D plot of a mathematical function, specifically the "Ackley's function." Ackley's function is defined as:f(x,y)=?20exp(?0.2...

Answered: 1 week ago

Question

★★★★★

a) At 1 May 2019 Troy company had 700 engines in inventory, valued at Tk. 190 each. During the year ended 30 April 2020 the following transactions took place: 2019 1 July Purchased 500 engines at TK...

Answered: 1 week ago

Question

★★★★★

Jane inherited a lot of money and wants to deposit some of it today into an investment that earns a nominal interest rate of 5% compounded semiannually. Starting immediately 10 years after the...

Answered: 1 week ago

Question

★★★★★

Level 2: Modify the program to flash your initials using Morse code (See chart below). A "dot" would have the LED on for 100 ms and for a dash the LED would be on for 1000 mS

Answered: 1 week ago

Question

★★★★★

On-Line Course Foundations of Mathematics 11 Unit 4 Send-In Assignment 7. A school graduation class wants to hire buses and vans for a trip to Jasper National Park. Each bus holds 40 students and 3...

Answered: 1 week ago

Question

★★★★★

Explain the process of establishing disciplinary practices, including the proper implementation of organizational rules.

Answered: 1 week ago

Question

★★★★★

Explain the federal and provincial legislation that provides the framework for labour relations.

Answered: 1 week ago

Question

★★★★★

Cite the reasons employees join unions.

Answered: 1 week ago

Previous Question Next Question