During the year the stock paid dividends

Assignment Help Financial Management
Reference no: EM131352334

Tom purchased 100 shares of Dalia Co. stock at a price of $127.37 four months ago. He sold all stocks today for $123.29. During the year the stock paid dividends of $7.26 per share. What is Tom’s effective annual rate?

Round the answers to two decimal places in percentage form.

Reference no: EM131352334

Questions Cloud

What is price per share of the company stock : Ward Corp. is expected to have an EBIT of $2,500,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $177,000, $109,000, and $127,000, respectively. What is the price per share of the company's st..
Company has an option to abandon the project : SSC is considering another project: the introduction of a "weight loss" smoothie. The project would require a $3.2 million investment outlay today (t = 0). The after-tax cash flows would depend on whether the weight loss smoothie is well received by ..
What was the company profit margin : Prince Albert Canning PLC had a net loss of £28,382 on sales of £494,162. What was the company’s profit margin? In dollars, sales were $700,266. What was the net loss in dollars?
Destroyed large percentage of financial records : A fire has destroyed a large percentage of the financial records of the Excandesco Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 16.3 percent. Sales were $..
During the year the stock paid dividends : Tom purchased 100 shares of Dalia Co. stock at a price of $127.37 four months ago. He sold all stocks today for $123.29. During the year the stock paid dividends of $7.26 per share. What is Tom’s effective annual rate?
What is the company profit margin : The Dahlia Company has net income of $167,850. There are currently 32.65 days’ sales in receivables. Total assets are $856,000, total receivables are $148,100, and the debt–equity ratio is .65. What is the company’s profit margin? What is the company..
Calculate the projected annual production volume : Assume that Ideko's market share will increase by 40% percent per year (e.g., Ideko's market share will be 10.60% in 2006). What production capacity will Ideko require each year for the next five years? First compute the projected annual market share..
What is aftertax cash flow from the sale of this asset : Consider an asset that costs $600,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $170,000. If the relevant tax rate is 35..
What is the firm horizon or continuing and value : Hart Enterprises recently paid a dividend, D0, of $3.00. It expects to have nonconstant growth of 14% for 2 years followed by a constant rate of 3% thereafter. The firm's required return is 9%. What is the firm's horizon, or continuing, value? What i..

Reviews

Write a Review

Financial Management Questions & Answers

  Firm can pay for project and still earn required return

A firm is considering a project that will generate perpetual after-tax cash flows of $18,000 per year beginning next year. The project has the same risk as the firm’s overall operations and must be financed externally. What is the most the firm can p..

  Purchased in the foreign exchange market

Suppose that 1 Swiss franc could be purchased in the foreign exchange market for 60 U.S. cents today. If the franc appreciated 10% tomorrow against the dollar, how many francs would a dollar buy tomorrow?

  Paying the credit card company when the card is paid off

Barra Moore’s credit card company requires a minimum monthly payment of $19.99. The credit card company charges 21% annual interest. Barra owes $1,000 on this card. How much will Barra end up paying the credit card company when the card is paid off?

  Security beta-expected return on market

Suppose you observe the following situation: Security Beta Expected Return Pete Corp. 1.80 .190 Repete Co. 1.49 .163 Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the market?

  What are the operating cash flows

ABC Inc. has estimated the following revenues and expenses related phase I of a proposed new housing development? Incremental sales= $682,242, total cash expenses $341,299, depreciation $32,351, taxes 27%. What are the operating cash flows?

  Apply underlying accounting concepts

Apply underlying accounting concepts; evaluate business operations; construct a balance sheet. Nancy Boyd is a realtor.

  What monetary and fiscal policies

What monetary and fiscal policies might be prescribed for an economy in a deep recession and choose an industry and identify the factors that will determine its performance in the next 3 years. What is your forecast for performance in that time per..

  What was average real risk-free rate over this time period

You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 14 percent, –7 percent, 17 percent, 15 percent, and 10 percent. Suppose the average inflation rate over this period was 1.4 percent and the average T-bil..

  Calculate the depreciation schedule for an asset

What method of depreciation would you prefer, MACRS or straight-line, if your objective is to maximize the present value of your firm's cash flows?

  Where the coupon payments on your bond will be made

Assume, on the 29th of September, 20 IB, you buy a perpetual 12% coupon bond and set up a banking account where the coupon payments on your bond will be made. Every 28th of September, after receiving each coupon payment you withdraw USD 70 from that ..

  What is the expected return on a stock

The expected return on the market portfolio equals 12%. The current risk-free rate is 6%. What is the expected return on a stock with a beta of 0.66?

  Uses only common equity capital

Chang Corp. has $375,000 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $515,000, and its net income was $25,000. Stockholders recently voted in a new management team that has promised to lower costs a..

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