What is toms effective annual rate

Assignment Help Finance Basics
Reference no: EM131393864

Finance: HPR, Annualized holding period return, Effective annual rate on investment

Question

Tom purchased 100 shares of Dalia Co. stock at a price of $123.47 four months ago. He sold all stocks today for $125.23. During the year the stock paid dividends of $7.44 per share. What is Tom's effective annual rate?

Reference no: EM131393864

Questions Cloud

What is the average amount of inventory : Cost of goods sold normally equal 75 percent of sales. If 3LS turns over its inventory 20 times during the year, what is the average amount of inventory that is shown on its balance sheet?
Write a brief introduction to the article : The assignment must include the following components:1. a brief introduction to the article,2. a summary and analysis of the key points of the article,3. a decision on whether or not the article supports the concepts as presented in the textbook, and..
What is marys effective annual rate : Mary purchased 100 shares of Sweet Pea Co. stock at a price of $40.31 six months ago. She sold all stocks today for $45.36. During that period the stock paid dividends of $1.25 per share. What is Mary's effective annual rate?
What are bestsell''s inventory conversion period : BestSell Auctions carries an average inventory equal to $100,000. The company's cost of goods sold averages $1.5 million.
What is toms effective annual rate : Tom purchased 100 shares of Dalia Co. stock at a price of $123.47 four months ago. He sold all stocks today for $125.23. During the year the stock paid dividends of $7.44 per share. What is Tom's effective annual rate?
Propose the manner in which you would apply portfolio theory : Imagine that one of your clients has $100,000 to invest. Propose the manner in which you would apply portfolio theory to this scenario. Justify your response.
Explain the basic steps in the planning process : Explain the basic steps in the planning process.Describe the steps in the decision-making process, and predict how the personal attributes of the manager influence decision making. Predict how the steps of the strategic planning process and the e..
What is lou''s payables deferral period (dpo) : Lights Out Utilities (LOU) purchases $15,000 in raw materials from its suppliers each day. LOU's accounts payable turnover is 12.
How should an entrepreneur think about the risk of failure : Given that many new businesses fail in the first few years after they are established, how should an entrepreneur think about the risk of failure associated with a new business?

Reviews

Write a Review

Finance Basics Questions & Answers

  How much will mayann have accumulated

After 2 years she put the accumulated amount into certificate of deposit paying 7.5% compounded semi- annually for 1 year. When this certificate matures, how much will Mayann have accumulated?

  London purchased a piece of real estate last year for

london purchased a piece of real estate last year for 85300. the real estate is now worth 103200. if london needs to

  Aspect of using networking

Question 1: A key aspect of using networking as a career tactic is that a person should:

  What is the present value of cash flow stream

What is the present value of the following uneven cash flow stream -$50, $100, $75, and $50 at the end of Years 0 through 3? The appropriate interest rate is 10%, compounded annually

  Deployment specialists pays a current annual dividend of 1

deployment specialists pays a current annual dividend of 1 and is expected to grow at 24 for two years and then at 4

  What is the break-even cost per kilowatt-hour

You require a return of 10 percent and use a light fixture 500 hours per year. What is the break-even cost per kilowatt-hour?

  Months and a perpetuity paying

A perpetuity paying 1 at the beginning of every 3 months and a perpetuity paying X at the beginning of every 4 years both have present value of 300. Find X.

  What annual rate of return would have to have been earned

What annual rate of return would have to have been earned on the account over an 18-year period?

  Evaluate the given statement

‘Risk aversion implies that corporate managers will only invest in low risk investments'.  - Critically evaluate this statement (indicate whether you agree or disagree in your answer).

  What is the mean number of adults out of a sample of 12

a recent gallup poll poll analyses may 22 2002 revealed that 81 of americans say they have a credit card. you randomly

  Calculate the amount for investment

A financial advisor tells you that you can make your child a millionaire if you just start saving early. You decide to put an equal amount every year into an investment account that earns 8 percent interest per year, beginning on the day your child i..

  Forecast the amount of hong kong dollars

Forecast the amount of Hong Kong dollars that you will be able to purchase in the spot market one year from now with A$1 million. Show your work.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd