Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Last year, you purchased a stock at a price of $51.5 a share. Over the course of the year, you received $1.6 in dividends and

Last year, you purchased a stock at a price of $51.5 a share. Over the course of the year, you received $1.6 in dividends and inflation averaged 2.7 percent. Today, you sold your shares for $53.9 a share. What is your approximate real rate of return on this investment? A)2.5 percent B)10.3 percent C)7.8 percent D)5.1 percent E)10.5 percent A stock has returns of 2 percent, 16 percent, -24 percent, and 17 percent for the past 4 years. Based on this information, what is the 95 percent probability range for any one given year? A)-35.5 to 41.0 percent B)-24.5 to 33.5 percent C)-16.4 to 21.9 percent D)-8.4 to 11.4 percent E)-54.6 to 60.1 percent

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

Understanding Decentralized Finance How DeFi Is Changing The Future Of Money

Authors: Rhian Lewis

1st Edition

1398609390, 978-1398609396

More Books

Students also viewed these Finance questions

Question

Does Kosovo have a right to secede from Serbia?

Answered: 1 week ago