Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 03, 2024

suppose you buy stock at a price of $57 per share. five months later, you sell itfor $61. you also recieve a dividend of $.60

suppose you buy stock at a price of $57 per share. five months later, you sell itfor $61. you also recieve a dividend of $.60 per share. what is your annualized return on this investment?

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

Handbook Of Financial Intermediation And Banking

Authors: Anjan V. Thakor, Arnoud Boot

1st Edition

0444515585, 978-0444515582

More Books

Students also viewed these Finance questions

Question

★★★★★

Marketers often target consumers before, during, or after a trigger event--an event in one's life that triggers change. For example, after having a child, new parents have an increased need for baby...

Answered: 1 week ago

Question

★★★★★

Identify your school districts priorities as seen in the budget adopted last year. Do you believe the spending priorities fit with the needs of the district? Defend your answer.

Answered: 1 week ago

Question

★★★★★

33. Suppose your waiting time for a bus in the morning is uniformly distributed on [0, 8], whereas waiting time in the evening is uniformly distributed on [0, 10] independent of morning waiting time....

Answered: 1 week ago

Question

★★★★★

L & M Power In the next two years, a large municipal gas company must begin constructing new gas storage facilities to accommodate the Federal Energy Regulatory Commissions Order 636 deregulating the...

Answered: 1 week ago

Question

★★★★★

Write a query to which returns a table with name and remember _ token, if remember _ token is not there, then return password _ digest. Tables Schema as Below: USERS columnName dataType id INT...

Answered: 1 week ago

Question

★★★★★

Q2 Given the following log file: (7.5+7.5= 15) (start, T4); (write, T4, A, 2, 3); (start, T1); (write, Ti, B, 5, 7); (start, T2); (write, T2, C, 1,9); (commit, T2); (start, 13); (write, T3, B, 7, 2);...

Answered: 1 week ago

Question

★★★★★

(a) You are teaching a 7th grade social studies class that traditionally has been a behavioral nightmare for teachers who have come before you. This class meets right after their lunch break and it...

Answered: 1 week ago

Question

★★★★★

Consider a multiplicative cipher defined by C = (P xk) mod 26 analogous to the generalized (additive) Caesar cipher. What is the encryption of "goodby" using the key k = 7? What is the formula for...

Answered: 1 week ago

Question

★★★★★

Companies are reaping a host of benefits by designing flexible workplace policies that formalize virtual teamwork. The benefits include which of the following? Check all that apply. Increased speed...

Answered: 1 week ago

Question

★★★★★

Wings Limited develops and sells off - the - shelf accounting software packages. The retail price of each package is $ 6 6 0 ( GST inclusive ) . Included with each package sold are 'free' upgrades...

Answered: 1 week ago

Question

★★★★★

Technico Ltd. has installed a machine costing Rs 4 lacs and is in the process of deciding on an appropriate number of a certain spare parts required for repairs. The spare parts cost Rs 4,000 each...

Answered: 1 week ago

Question

★★★★★

In what way(s) does a well-written RFP benefit the organization that issues it? How does it benefit the organization that responds? (Objective 2)

Answered: 1 week ago

Question

★★★★★

I am paid fairly for the work I do.

Answered: 1 week ago

Question

★★★★★

I receive the training I need to do my job well.

Answered: 1 week ago

Previous Question Next Question