Question
You buy a stock for $50 per share. Over the next four months, it has monthly returns of 4%,5%,2%, and 3%. What is the value
You buy a stock for $50 per share. Over the next four months, it has monthly returns of 4%,5%,2%, and −3%.
What is the value of a share at the end of the fourth month ?
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The value of the share at the end of the fourth month is 4844 Explanation The ...
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
013703038X, 978-0137030385
