Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

Some time ago, you purchased a share of Bon Stock for $84.33. You recently sold the stock for $8.08 more than you purchased it. Additionally,

Some time ago, you purchased a share of Bon Stock for $84.33. You recently sold the stock for $8.08 more than you purchased it. Additionally, you received dividends of $2.10. Assume you held the stock for 192 days. What was your annualized return? Assume a 365 day year. (Enter your response as a percentage to two decimal places. Ex: 12.45 instead of 1245 )

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 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

Money Banking And Financial Markets

Authors: Laurence Ball

1st Edition

0716759349, 9780716759348

More Books

Students also viewed these Finance questions

Question

★★★★★

Why may investing in iShares be preferable to investing in mutual funds that specialize in foreign investments?

Answered: 1 week ago

Question

★★★★★

=+36. Injection molding. To improve the quality of molded parts, companies often test different levels of parameter settings to find the best combinations. Injection molding machines typically have...

Answered: 1 week ago

Question

★★★★★

Maness Industries plans to issue some $100 par preferred stock with an 11 percent dividend. The stock is selling on the market for $97.00, and Maness must pay flotation costs of 5 percent of the...

Answered: 1 week ago

Question

★★★★★

Pearl Alvarez is investing $313,700 in a fund that earns 15% interest compounded annually. What equal amounts can Pearl withdraw at the end of each of the next 16 years?

Answered: 1 week ago

Question

★★★★★

A bond has a $1,000 par value, 12 years to maturity, and an 8% annual coupon and sells for $980 a. What is its yield to matunty (YTM)? Round your answer to two decimal places b. Assume that the yield...

Answered: 1 week ago

Question

★★★★★

Use Eq. (15.10) to prove that $J_{1}=L_{23}, J_{2}=L_{31}$, and $J_{3}=L_{12}$. Data from Eq. 15.10 1 Ji J = - Eijk Ljk K = Loi,

Answered: 1 week ago

Question

★★★★★

Draw a timeline diagram for the sliding window algorithm with SWS = RWS = 3 frames for the following two situations. Use a timeout interval of about 2 RTT. (a) Frame 4 is lost. (b) Frames 46 are...

Answered: 1 week ago

Question

★★★★★

(a) Draw an example internetwork where the BIDIR-PIM route from a sources router to a group members router is longer than the PIM-SM source-specific route. (b) Draw an example where they are the same.

Answered: 1 week ago

Question

★★★★★

By using the diagram of rolling moment coefficients, explain why an airplane is laterally stable if its rolling moment coefficient is positive when the sideslip angle $\beta$ is negative

Answered: 1 week ago

Question

★★★★★

By using the diagram of yawing moment coefficients, explain the feature of sweep-back wing on directional stability.

Answered: 1 week ago

Question

★★★★★

Did you include a host of data representations that connects the issue?

Answered: 1 week ago

Question

★★★★★

Did you compile facts that are relevant to the issue and the argument of the piece?

Answered: 1 week ago

Question

★★★★★

Did you provide headings that offer structure to the information?

Answered: 1 week ago

Previous Question Next Question