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Some time ago you purchased a house that cost you $234340 and at the current time has a value of $315564 according to a recent
Some time ago you purchased a house that cost you $234340 and at the current time has a value of $315564 according to a recent market report for your neighborhood. What is the average annual rate of appreciation your home has experienced each year for the last 11 years (assume the rate has remained constant)? (Round your answer to 2 digits) a. 4.00 b. 1.67 c. 0.33 d. 4.72 e. 2.74 The muggle investment committee at Gringotts bank is evaluating the stock of several companies to add to their portfolio. The common stock of one of the companies is currently priced at $57.91 a share. The company has just paid $2.71 per share as its annual dividend. The dividends have been increasing by 10% percent annually and are expected to continue doing the same. What is this firm's cost of equity? (Answer as a percentage and round to 2 decimals.) a. 12.60% b. 17.95% c. 15.15% d. 21.03% e. 5.50%
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