FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One year ago, Bill bought 300 shares of Conglomerated Inc. Now, one year later, the stock has a market price of $39.2 per share, compared

One year ago, Bill bought 300 shares of Conglomerated Inc. Now, one year later, the stock has a market price of $39.2 per share, compared to Bill's purchase price of $47.23 a share. During the year, Bill collected dividends of $2.36 per share. Compute Bill's realized rate of return for the year?

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

Finance And Sustainable Development

Finance And Sustainable Development

Authors: Magdalena Ziolo

1st Edition

0367819767, 978-0367819767

More Books

Students also viewed these Finance questions

Question

★★★★★
How is the cost of units normally lost in manufacturing absorbed by the unit cost for the period?

Answered: 1 week ago

Question

★★★★★
Particle accelerators fire protons at target nuclei so that investigators can study the nuclear reactions that occur. In one experiment, the proton needs to have 20 MeV of kinetic energy as it...

Answered: 1 week ago

Question

★★★★★
Think about the last time that you travelled by air. Analyse the journey in terms of valueadded time (actually going somewhere) and non-value-added time (the time spent queuing, etc.) from the time...

Answered: 1 week ago

Question

★★★★★
Suppose there is a 50-50 chance that a risk-averse individual with a current wealth of $20,000 will contract a debilitating disease and suffer a loss of $10,000. a. Calculate the cost of actuarially...

Answered: 1 week ago

Question

★★★★★
The future value of an ordinary nuity of $1,700 each year for 10 years, deposited at 7 percent, is O A $11.08 O B. $23,487 OC. $11,464 OD 58.530 Click to select your answer MacBook Pro 8 Is 1 2 3 $ 4...

Answered: 1 week ago

Question

★★★★★
Market Analysis: Critically analyze johnson and johnson entry mode for "China" The reason behind choosing this particular market(country) When did they enter the market and with what product/service?...

Answered: 1 week ago

Question

★★★★★
The following items could appear on a bank reconciliation: a. Outstanding checks b. Deposits in transit c. NSF check d. Bank collection of our note receivable e. Interest earned on bank balance f....

Answered: 1 week ago

Question

★★★★★
Draw a line graph for each data set in Problems 36-39. Data set D Data set A: The annual wages of employees at a small accounting firm are given in thousands of dollars. 25 16 25 25 14 18 1 2 2 2...

Answered: 1 week ago

Question

★★★★★
A 20% ethylene glycol solution is flowing through a 4-nom sch 80 commercial steel pipe. The pipe is 350 ft long and is horizontal. The pressure drop through the pipe is 4 psi. The ethylene glycol is...

Answered: 1 week ago

Question

★★★★★
Figure P33.1 shows eight point sources of light, \(a-h\), and two detectors, A and B. The point sources are evenly spaced, with \(0.10 \mathrm{~m}\) between adjacent sources, and detector A shields...

Answered: 1 week ago

Question

★★★★★
Find the maximum energy (E) stored in the inductor of Example 10.17 (a) and show that it is greater than the sum of the maximum stored energies (E 1 and E 2 ) when each source is applied alone....

Answered: 1 week ago

Question

★★★★★
Classify each of the following questions as either traditional or behavioral and prepare a response to each question based on your experience. (Objective 3) a. Give me an example of a time when you...

Answered: 1 week ago

Question

★★★★★
Prepare the targeted application letter to accompany the targeted rsum that you prepared for Chapter 16. (Objective 1) (Hint: Be sure your letter addresses all four purposes of a persuasive message.)

Answered: 1 week ago

Question

★★★★★
Describe three types of employment-related letters that you may write in addition to an application letter. (Objective 4)

Answered: 1 week ago

Previous Question Next Question