Question
Joanne purchased a common share for $50 last year. This year, the shares are selling for $52 so she sells her shares. In addition, she
Joanne purchased a common share for $50 last year. This year, the shares are selling for $52 so she sells her shares. In addition, she received four quarterly dividends of $0.60 while she held the shares. If inflation was 2.6%, her real rate of return is:
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| a) | 6.2% |
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| b) | 8.8% |
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| c) | 16.28% |
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| d) | 11.4% |
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Auditing And Accounting On Aix
Authors: IBM Redbooks
1st Edition
0738418501, 978-0738418506
