Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

John purchased 100 shares of Black Forest Inc. stock at a price of $152.81 three months ago. He sold all stocks today for $156.85. During

John purchased 100 shares of Black Forest Inc. stock at a price of $152.81 three months ago. He sold all stocks today for $156.85. During this period the stock paid dividends of $5.95 per share. What is Johns annualized holding period return (annual percentage rate)?

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

Financial Management Principles And Applications

Financial Management Principles And Applications

Authors: Dr. S. Kr. Paul, Prof. Chandrani Paul

1st Edition

1647251664, 9781647251666

More Books

Students also viewed these Finance questions

Question

★★★★★

Are all efficient outcomes also equitable? Explain.

Answered: 1 week ago

Question

★★★★★

thank you for your help payabie for the purchase of the equipment. The company can sigh 821 - month loase for the equipment by agreeing to pay $9,492,50 at the end of each month, beginning January...

Answered: 1 week ago

Question

★★★★★

CR13.8 To raise revenues, many airlines now charge fees to check luggage. Suppose that the number of checked bags was recorded for each person in a random sample of 100 airline passengers selected...

Answered: 1 week ago

Question

★★★★★

Identify each of the following costs as either direct materials, direct labor, or factory overhead. The company manufactures tennis balls. ________ 1. Rubber used to form the cores ________ 2....

Answered: 1 week ago

Question

★★★★★

John purchased 100 shares of Black Forest Inc. stock at a price of $152.81 three months ago. He sold all stocks today for $156.85. During this period the stock paid dividends of $5.95 per share. What...

Answered: 1 week ago

Question

★★★★★

Feb O^(1), 8:58:23 PM Express the interval using inequality notation. -2,11 Inequality Notation: 2 answers

Answered: 1 week ago

Question

★★★★★

Use the following diagram of TCP/IP protocols of a Network 1) Add the following servers to the network. a. DC server b. data server c. SMTP server d. Application server e.web server...

Answered: 1 week ago

Question

★★★★★

A recent article/publication (within the last five years) which showcases the use of molecular testing techniques to diagnose infectious diseases. The article may have a public health, clinical...

Answered: 1 week ago

Question

★★★★★

A. Veta inc., has a asset of $400,000 in total where it comprises of equity 70% and debt of 30% (12%) interest. The company was planning to do some investment and it anticipates the increase of...

Answered: 1 week ago

Question

★★★★★

A liquid crystal cell has the front electrode grooved vertically and the rear electrode grooved horizontally. Sheets that transmit only vertically polarized light are placed before and after the...

Answered: 1 week ago

Question

★★★★★

used, and the importance of adhering to these procedures K12 Explain how the components are to be aligned, adjusted and positioned prior to securing, and the tools and equipment that is used K13...

Answered: 1 week ago

Question

★★★★★

understand the roles of line managers and human resource managers in managing people

Answered: 1 week ago

Question

★★★★★

define what is meant by the term human resource management

Answered: 1 week ago

Question

★★★★★

3. What are your recommendations for coping with the stress that Diane is experiencing? What will you caution her not to do?

Answered: 1 week ago

Previous Question Next Question