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

Question

1 Approved Answer

Shares in Megacorp were trading at $31.67 at the beginning of 2009. At the end of the year, the shares were trading at $35.68. Along

image text in transcribed

Shares in Megacorp were trading at $31.67 at the beginning of 2009. At the end of the year, the shares were trading at $35.68. Along the way, the shares paid a dividend of $0.65. Calculate the rate of total return for the year. Round your answer to 2 decimal places

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

Sport Finance

Sport Finance

Authors: Gil Fried, Timothy D. DeSchriver, Michael Mondello

4th Edition

1492559733, 978-1492559733

More Books

Students also viewed these Finance questions

Question

★★★★★
Suppose that the supply schedule of Maine lobsters is as follows: Suppose that Maine lobsters can be sold only in the United States. The U.S. demand schedule for Maine lobsters is as follows: a. Draw...

Answered: 1 week ago

Question

★★★★★
Write a Lewis structure that obeys the octet rule for each ion. Include resonance structures if necessary and assign formal charges to each atom. a. CIO3 b. ClO4 c. NO3 + d. NH4

Answered: 1 week ago

Question

★★★★★
What type of position is it (academic, nonacademic, postdoctoral fellowship)?

Answered: 1 week ago

Question

★★★★★
An investigator wants to take an unequal-probability sample of 10 of the 25 psus in the population listed below and in file exercise0602.dat, and wishes to sample units with replacement. a. Adapt the...

Answered: 1 week ago

Question

★★★★★
The governing differential equation for the deflection of a simple beam subjected to a uniform (Fig. 1) is given by: d2y 1 dx22 where E is elastic modulus, Iis beam moment of inertia, y is beam...

Answered: 1 week ago

Question

★★★★★
Etep lives permanently in New Hampshire and works at UMass Lowell. She teaches in-person three days a week (Monday/Wednesday/Friday) and works from home (in New Hampshire) on the other four days. She...

Answered: 1 week ago

Question

★★★★★
At the beginning of 2 0 1 9 , Robotics Inc. acquired a manufacturing facility for $ 1 2 . 5 million. $ 9 . 5 million of the purchase price was allocated to the building. Depreciation for 2 0 1 9 and...

Answered: 1 week ago

Question

★★★★★
A gift shop sells 400 boxes of scented candles a year. The ordering cost is \($60\) for scented candles, and holding cost is \($24\) per box per year. What is the minimum annual amount of these...

Answered: 1 week ago

Question

★★★★★
A car rental agency uses 96 boxes of staples a year. The boxes cost \($4\) each. It costs \($10\) to order staples, and it costs \($0.80\) to hold a box of staples in inventory for 1 year. How many...

Answered: 1 week ago

Question

★★★★★
How do you add two harmonic motions having different frequencies?

Answered: 1 week ago

Question

★★★★★
Pablo, Dirk and Franz run the only bar in town. Pablo wants to sell as many drinks as possible without losing money. Dirk wants the bar to bring in as much revenue as possible. Franz wants to make...

Answered: 1 week ago

Question

★★★★★
Continue with the gamma model of Exercise 5-2. (a) Show that \(\partial Q_{N}(\boldsymbol{\beta}) / \partial \boldsymbol{\beta}=\boldsymbol{N}^{-1} \sum_{i} 2\left[\left(y_{i}-\exp...

Answered: 1 week ago

Question

★★★★★
=+ What characters could become part of everyday culture?

Answered: 1 week ago

Question

★★★★★
=+1. Work in teams of four or five.

Answered: 1 week ago

Question

★★★★★
=+5. Now write the same commercial as a 15-second spot. Think about

Answered: 1 week ago

Previous Question Next Question