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

Question

1 Approved Answer

Question 4 (of 300 Time remaining Your parents spent $78oo to buy 20o shares of stock in a new company 12 years ago. The stock

image text in transcribed
Question 4 (of 300 Time remaining Your parents spent $78oo to buy 20o shares of stock in a new company 12 years ago. The stock has appreciated 146 percent per year on average. What is the current value of those 200 shares O $37.44992 O $40,02303 O s36Aos 70. O 515.08 O $3958d 92

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

Algorithmic Finance A Companion To Data Science

Algorithmic Finance A Companion To Data Science

Authors: Christopher Hian-ann Ting

1st Edition

9811238308, 978-9811238307

More Books

Students also viewed these Finance questions

Question

★★★★★
If the moment-generating function of X is M(t) = exp(166t + 200t2), find (a) The mean of X. (b) The variance of X. (c) P(170 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
OECD and economic regulation model building, part 2. Exercise 29 raised some questions about the regression model built to understand the effect of OECD regulation on GDP/Capita in 24 OECD countries....

Answered: 1 week ago

Question

★★★★★
McCarthy, CPA, was engaged to audit the financial statements of Kent Company, a continuing audit client. McCarthy is about to audit Kents payroll transactions. Kent uses an in- house payroll...

Answered: 1 week ago

Question

★★★★★
please do part B correctly will upvote Answer ALL questions Question 1 Thoroughly describe the concept of hedging, focusing on the FX markets. In addition to the economic and financial theory that...

Answered: 1 week ago

Question

★★★★★
Parkallen Inc. has identified the following two mutually exclusive projects: a - 1 . What is the IRR for each of these projects? ( Do not round intermediate calculations. Round the final answers to 2...

Answered: 1 week ago

Question

★★★★★
1. Look for a written sample of a Deed of Sale, notarized or otherwise. This may be a hard copy, a Word file, JPEG file or a PDF file. 2. From the above document which you have obtained, you should...

Answered: 1 week ago

Question

★★★★★
sa Problema 1 A boy riding a bicycle can be modeled as a mass-spring-shock absorber system. The weight of the child is 80N, the constant of elasticity of the spring is 5000 N/m, and the damping...

Answered: 1 week ago

Question

★★★★★
Exercise 3.10 3.10 Use the Normal table. Use Table A to find the proportion of observations from a standard Normal distribution that satisfies each of the following statements. In each case, sketch a...

Answered: 1 week ago

Question

★★★★★
PROBLEM 6. (20 points) Assume a solution of boron and water. Density of water is 1.0 g/cm and the concentration of natural boron is 72g/cm. This solution is exposed to a source of thermal neutrons...

Answered: 1 week ago

Question

★★★★★
a) What is the cost per kg of oranges for each supplier? b) Which is the cheapest supplier and which is the most expensive supplier? c) List the priority in which you will purchase from each...

Answered: 1 week ago

Question

★★★★★
4. Of the compensation, benefits, and incentives practices we discussed in, which would you recommend JDV implement, and why?

Answered: 1 week ago

Question

★★★★★
8. Describe the main retirement benefits.

Answered: 1 week ago

Question

★★★★★
2. Why does Joie de Vivre offer free hotel stays to all employees as part of its incentive plan?

Answered: 1 week ago

Previous Question Next Question