Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please do both correctly Suppose a stock had an initial price of $36.66 per share, paid a dividend of $0.92 per share during the year,

image text in transcribedplease do both correctly
Suppose a stock had an initial price of $36.66 per share, paid a dividend of $0.92 per share during the year, and had an ending share price of $32.02. Compute the percentage total return. Answer as a percentage to two decimals (if you get -0.0435, you should answer -4.35). Question 2 1 pts You purchased a $1000 face value zero-coupon bond one year ago for $234. The market interest rate is now 7.65 percent. If the bond had 14 years to maturity when you originally purchased it, what was your total return for the past year?Assume semiannual compounding. Answer as a percentage to two decimals (if you get -0.0435, you should answer -4.35)

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

Accounting For Beginners Learn Easy And Fast Accounting Principles

Authors: Dan Wilson

1st Edition

1700199900, 978-1700199904

More Books

Students also viewed these Accounting questions

Question

Which of our faculty members would you like to work with?

Answered: 1 week ago