Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

You bought a stock for $21.2 at time t; at time t+1, the stock paid a dividend of $1.34 and you sold the stock for

You bought a stock for $21.2 at time t; at time t+1, the stock paid a dividend of $1.34 and you sold the stock for $24.6. What is your realized return on your investment? Enter as a percent, and round to the nearest one hundredth of a percent

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

Understanding The Finance Of Welfare

Authors: Howard Glennerster

2nd Edition

1847421091, 978-1847421098

More Books

Students also viewed these Finance questions

Question

52 Consider the following binomial probability distribution a. How many trials ( n ) are in the experiment? b. What is the value of p , the probability of success? p(x) = ()(7) (3) (x = 0,1,2,5)

Answered: 1 week ago

Question

★★★★★

In the fall, Jay Thompson decided to live in a university dormitory. He signed a dorm contract under which he was obligated to pay the room rent for the full college year. One clause stated that if...

Answered: 1 week ago

Question

★★★★★

You bought a stock for $21.2 at time t; at time t+1, the stock paid a dividend of $1.34 and you sold the stock for $24.6. What is your realized return on your investment? Enter as a percent, and...

Answered: 1 week ago

Question

★★★★★

023 ions ly Attendance y Resources Tutoring A Policies seEvaluations Analytics er Connection U Question 24 Determine if thelisted tools can be directly launched either from the SystemConfiguration 1...

Answered: 1 week ago

Question

★★★★★

INFORMATION FOR THE NEXT FOUR ITEMS: Carlton Corporation Carlton Corporation produces and sells faux-leather handbags. In the current year, the company budgeted for the production and sale of 1,000...

Answered: 1 week ago

Question

★★★★★

The upper and lower specifications for a service are 11.5 min. and 8.0 min., respectively. The process average is 8.20 min. a.) If 6-sigma process capability is desired, what should the process mean...

Answered: 1 week ago

Question

★★★★★

Which trade argument makes the following claim? "If officials and statisticians dug a little deeper, they would find that the United States enjoyed a nontrivial trade surplus with China in the iPhone...

Answered: 1 week ago

Question

★★★★★

3. On February 5, 2020, BALUBARAN Enterprise has purchased goods on account amounting to P500,000 with credit terms 3/15, n/60 from its major trade supplier. BALUBARAN operates 360 days a year....

Answered: 1 week ago

Question

★★★★★

ABC Manufacturers have decided to manufacture special work benches for office use. The work benches are designed to take into consideration the ergonomics in an office environment. The height and...

Answered: 1 week ago

Previous Question Next Question