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

Question

1 Approved Answer

Jill purchased a share one year ago for $6.27, and it is now worth $13.36. The share paid a dividend of $1.20 during the year.

image text in transcribed

Jill purchased a share one year ago for $6.27, and it is now worth $13.36. The share paid a dividend of $1.20 during the year. What was the share's rate of return from capital appreciation during the year? (as a percentage to the nearest two decimal points. don't use % sign. eg 2.881% is 2.88)

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

Introductory Econometrics For Finance

Introductory Econometrics For Finance

Authors: Chris Brooks

3rd Edition

1107661455, 9781107661455

More Books

Students also viewed these Finance questions

Question

★★★★★
In preparing a budget, what indirect costs should be considered?

Answered: 1 week ago

Question

★★★★★
How can you create a specialized panel component that can be used to hold other components and their related code?

Answered: 1 week ago

Question

★★★★★
Is there any formal training for teaching?

Answered: 1 week ago

Question

★★★★★
Shaws Garden was started on May 1 with an investment of $45,000 cash. Following are the assets, liabilities, and common stock of the company on May 31, 2014, and the revenues and expenses for the...

Answered: 1 week ago

Question

★★★★★
When a transaction recorded in the Sales Receipt window includes sales tax, a default _ _ _ _ _ account is _ _ _ _ _ . a . Sales Tax Receivable; debited b . Sales Tax Payable; debited c . Sales Tax...

Answered: 1 week ago

Question

★★★★★
All of the following are business characteristics that can be used to select comparable companies EXCEPT: A . Product and services B . Distribution Channels C . Return on Investment D . Sector

Answered: 1 week ago

Question

★★★★★
Eight-year-old Rubio does not play with his classmates, and when he does have to interact with them he tends to get frustrated and doesn't understand how to interact with them. Even at home, Rubio...

Answered: 1 week ago

Question

★★★★★
People disagree regarding the extent to which we should be anxious and fearful of how new technologies will affect our society.What are the potential ramifications of being constantly connected to...

Answered: 1 week ago

Question

★★★★★
When planning instruction, a teacher must integrate curriculum and instructional strategies that students can relate to on a personal level. Consider the community in which you plan to teach....

Answered: 1 week ago

Question

★★★★★
Maggie just had a car accident. There was no one seriously hurt, but both vehicles may be beyond repair. Maggie is obviously shaken up as she calls you for help. What symptoms might Maggie be...

Answered: 1 week ago

Question

★★★★★
A guest received a full day package at the Spa from her husband as a gift. She makes an appointment and calls the day prior to re - confirm. When she arrives no reservations are found. The Spa is...

Answered: 1 week ago

Question

★★★★★
Explain the key functions of reward management and evaluate the approach to reward that seeks to align pay systems with an organizations business strategy

Answered: 1 week ago

Question

★★★★★
Do competency frameworks provide the best way of assessing and developing leaders and managers?

Answered: 1 week ago

Question

★★★★★
How would LMD in an architects firm differ from that in a financial services organization?

Answered: 1 week ago

Previous Question Next Question