FREE Trial S
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

John purchased 100 shares of Black Forest Inc. stock at a price of $158.87 three months ago, He sold all stocks today for $156.64. During

image text in transcribed
John purchased 100 shares of Black Forest Inc. stock at a price of $158.87 three months ago, He sold all stocks today for $156.64. During this period the stock paid dividends of $5.85 per share. What is John's annualized holding period return (annual percentage rate)? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "unit's " box)

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_2

Step: 3

blur-text-image_step3

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

Buyable Your Guide To Building A Self Managing Fast Growing And High Profit Business
Buyable Your Guide To Building A Self Managing Fast Growing And High Profit Business

Authors: Steve Preda

1st Edition

ISBN: 0998447846, 978-0998447841

More Books

Students explore these related Finance questions

Question

The regulations of the board of health in a particular state specify that the fluoride level must not exceed 1.5 parts per million (ppm). The 25 measurements given here represent the fluoride levels...

Answered: 3 weeks ago

Question

You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...

Answered: 3 weeks ago

Question

Each year, U.S. News and World Report publishes a ranking of U.S. business schools. The following data give the acceptance rates (percentage of applicants admitted) for the best 25 programs in a...

Answered: 3 weeks ago

Question

Danielle Hastings was recently hired as a cost analyst by CareNet Medical Supplies Inc. One of Danielles first assignments was to perform a net present value analysis for a new warehouse. Danielle...

Answered: 3 weeks ago

Question

Which of the following statements would output the string so it displays two words with a tab character in between the words one and two? System.out.print ( " onelttwo " ) ; System.out.print ( "...

Answered: 3 weeks ago

Question

Sadik Industries must install $1 million of new machinery in its Texas plant. It can obtain a bank loan for 100% of the required amount. Alternatively, a Texas investment banking firm that represents...

Answered: 3 weeks ago

Question

Define single-subject design and identify two strengths and two limitations. Describe and assess the study design in the provided research article. Suppose you would like to evaluate the outcomes of...

Answered: 3 weeks ago

Question

Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided...

Answered: 3 weeks ago

Question

Question Stimulus: In the text, special note is made of Weiss, Prifitera, and Roids study of test bias, which had an extensive sample (N = 700) representative of the U.S. population. What is The...

Answered: 3 weeks ago

Question

Name three things that you would do differently or consider if you were using Individual Psychology with an 8 year old, a 12 year old, and a 15 year old. Explain why you would make these adjustments...

Answered: 3 weeks ago

Question

What kinds of physical abilities permit Kristy to play baseball? How did these abilities change as she moved from preschool into middle childhood? What abilities does she probably still lack, given...

Answered: 3 weeks ago

Question

Ethics. For each of the following behaviors,explain whether it is illegal and/or unethical and what effect the behavior could have on an employee and employer. (Objectives 2, 3, 4, and 5) a. Sending...

Answered: 3 weeks ago

Question

Global. Ethics. Technology. Assume that you are a good friend of an executive of a company that markets widgets in the Bahamas. You have stock in this company, and your friend casually mentions that...

Answered: 3 weeks ago

Question

Ethics. Assume that a section of the company policy where you work conflicts with your individual value system.When a situation arises that requires application of this policy for a communication...

Answered: 3 weeks ago

Previous QuestionNext Question