Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

John purchased 100 shares of Black Forest Inc. stock at a price of$151.19 three months ago. He sold all stocks today for$155.20. During this period

John purchased 100 shares of Black Forest Inc. stock at a price of$151.19 three months ago. He sold all stocks today for$155.20. During this period the stock paid dividends of$5.70 per share. What is John's 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

Personal Finance An Integrated Planning Approach

Personal Finance An Integrated Planning Approach

Authors: Ralph R Frasca

8th edition

136063039, 978-0136063032

More Books

Students also viewed these Finance questions

Question

The percentage of the population who are included in the standard unemployment rate and those who are underemployed, discouraged, and have looked for a job in the past year are included in the:...

Answered: 1 week ago

Question

The rate of return on the investment assuming the investors gets all their money back at the end of the folding period. 0 Internal rate of Return 0 Overall Capitalization Rate 0 Yield Rate 0 Discount...

Answered: 1 week ago

Question

★★★★★

Find an equation for the plane through the points (1,0,0), (0, -1,0), and (0, 0, -1). The equation is:

Answered: 1 week ago

Question

★★★★★

Suppose Nordic Boots was making production decisions for the following six boots: ot Price E(Demand) Std. Dev (Demand) Co Cu Exp. Profit Max. Profit A 220 1000 400 35.2 52.8 1101 39201 52800 230 2000...

Answered: 1 week ago

Question

★★★★★

Briefly discuss the implications of the financial statement presentation project for the reporting of stockholders equity.

Answered: 1 week ago

Question

★★★★★

The Aussie Stove Company specialises in producing a single product, an efficient combusion stove. The following information is estimated for the calander year ending 31 December 2013. Required a)...

Answered: 1 week ago

Question

★★★★★

=+b) In this regression, the variable Budget*R Rating is an interaction term. How would you interpret its coefficient?

Answered: 1 week ago

Question

★★★★★

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Required: 1. Compute the activity rate for each activity. Round to three decimal...

Answered: 1 week ago

Question

★★★★★

The charts below depict lending and borrowing for the U.S. economy in late 2030: 6 5 un 4 3 3 2 2. 1 0 0 0 200 400 600 800 1000 0 200 400 600 800 1000 1. The two quadrants above depict the U.S....

Answered: 1 week ago

Question

★★★★★

dentify each cost as being a direct or indirect cost, assuming the cost objects are the two divisions (East and West). Superior Sound Incorporated makes and sells surround sound stereo equipment. The...

Answered: 1 week ago

Question

★★★★★

Explore the dismissal process in your organization with the view of determining whether or not this process in fair. Research topic: Managing Dismissal: A Review of the Dismissal Process in...

Answered: 1 week ago

Question

★★★★★

Monde Nissin needs your help! Read about the Lucky Me products recall due to the presence of ethylene oxide. What strategy would you make for the company? Discuss in not more than 20 sentences.

Answered: 1 week ago

Question

★★★★★

6. Permanent tooling is to be evaluated for an operation and product. Let the estimated unit savings in direct labor be $.20 for a part if tooling is used, burden on labor saved -35%, cost of each...

Answered: 1 week ago

Question

★★★★★

Consider a person you believe served as an excellent role model as a leader. This could be a friend, coach, teacher etc..or anyone else you know. Andrea the following What traits, skills, and...

Answered: 1 week ago

Question

★★★★★

Presentation Content You have been hired as a business process consultant for a fast food restaurant to strategically reorganize, standardize, and improve their service processes through the use of...

Answered: 1 week ago

Question

★★★★★

EXHIBIT 1. ACTUAL AND PROJECTED SALES IN NUMBER OF TRAILERS Actual Sales 2015 2016 2017 2018 2019 2020 13,765 14,880 15,991 17,809 19,634 23,322 Projected Sales 2021 2022 2023 2024 2025 28,000 33,600...

Answered: 1 week ago

Question

★★★★★

B made an issue of 150,000 $1 ordinary shares at a premium of 20% the proceeds of which is received by cheque. What is the correct journal to record this? A. Bank Share capital Share premium B. Bank...

Answered: 1 week ago

Question

★★★★★

Polling. Just before a referendum on a school budget, a local newspaper polls 400 voters in an attempt to predict whether the budget will pass. Suppose that the budget actually has the support of 52%...

Answered: 1 week ago

Question

★★★★★

Back to school, again. Based on the 80% national retention rate described in Exercise 37, does a college where 551 of the 603 freshmen returned the next year as sophomores have a right to brag that...

Answered: 1 week ago

Question

★★★★★

WhatsApp messages, again. After hearing about the reports result that 85% of university students will reply to their WhatsApp messages during class hours, a professor surveyed a random sample of 210...

Answered: 1 week ago

Previous Question Next Question