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

Question

1 Approved Answer

Question 13 8 pts Last year, you purchased 400 shares of Far Out Fashion stock at $151 per share. Today, you sold them for $137

image text in transcribed

Question 13 8 pts Last year, you purchased 400 shares of Far Out Fashion stock at $151 per share. Today, you sold them for $137 per share. You also received $5,000 in dividends. What is your holding period return on this investment? Enter your answer as a number rounded to 2 decimal places. (An answer of 123.456 would be entered as 123.46)

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

The Preppers Financial Guide

The Preppers Financial Guide

Authors: Jim Cobb

1st Edition

1612434037, 978-1612434032

More Books

Students also viewed these Finance questions

Question

★★★★★
Which shop-floor scheduling rule would you prefer to apply if you were the leader of the only team of experts charged with defusing several time bombs scattered throughout your building? You can see...

Answered: 1 week ago

Question

★★★★★
How are industry-operating differences reflected in a firms financial statements?

Answered: 1 week ago

Question

★★★★★
Are you typically an opinion leader or an opinion follower? Are there specific topics on which you are one or the other? Identify an issue (movies, music, sports, fashion, domestic politics) on which...

Answered: 1 week ago

Question

★★★★★
You own a copper mine. The price of copper is currently $1.50 per pound. The mine produces 1 million pounds of copper per year and costs $2 million per year to operate. It has enough copper to...

Answered: 1 week ago

Question

★★★★★
Question 13 8 pts Last year, you purchased 400 shares of Far Out Fashion stock at $151 per share. Today, you sold them for $137 per share. You also received $5,000 in dividends. What is your holding...

Answered: 1 week ago

Question

★★★★★
Describe why communication is important in service operation. What are some examples of communication from other service lifecycle stages into service operation?

Answered: 1 week ago

Question

★★★★★
The Bonita Zimmer Case A FINANCIAL SITUATION MINI-CASE Bonita just turned thirty years of age. She lives in a house that she purchased three years ago for $110,000, right before housing prices began...

Answered: 1 week ago

Question

★★★★★
Q.1 Enter the following transactions in cash book with cash and bank columns of Mehta Brothers 2019 Oct. 1 Cash in hand Rs.13,000 and Bank balance Rs.24,000 3 Cash sales Rs.80,000 at 10% Trade...

Answered: 1 week ago

Question

★★★★★
Standard Costs and Operating Performance Measures What are the actual hours worked? a. 1,400 b. 1,402 C. 1,598 d. 1,600 355 27. The Sta. Ana Company has a budgeted normal monthly capacity of 5,000...

Answered: 1 week ago

Question

★★★★★
Question 3 (5 marks) Pear and Apple Inc had the following balance sheets on October 30, 2017: Apple Inc Book Value Fair Value Pear Inc Cash $300,000 $80,000 $80,000 Accounts Receivable $60,000...

Answered: 1 week ago

Question

★★★★★
Pope's Garage had the following accounts and amounts in its financial statements on December: 2022. Assume that all balance sheet items reflect account balances at December 31, 2022, and t all income...

Answered: 1 week ago

Question

★★★★★
If the employment application you submit does not have all the blanks filled in, has smudges on it, and has words crossed out, what impression might the prospective employer have about you?...

Answered: 1 week ago

Question

★★★★★
You are considering creating an online rsum for your job search. Research publishing to the Web and answer the following questions. (Objective 4) a. Where will you publish (or post) your rsum? b. Is...

Answered: 1 week ago

Question

★★★★★
Technology. Convert the rsum you developed in Application Exercise 13 to a scannable rsum using keywords throughout. E-mail a copy to your instructor. (Objective 4)

Answered: 1 week ago

Previous Question Next Question