What is toms effective annual rate

Assignment Help Financial Management

Reference no: EM131449280

Tom purchased 100 shares of Dalia Co. stock at a price of $124.61 four months ago. He sold all stocks today for $127.61. During the year the stock paid dividends of $6.04 per share. What is Tom’s effective annual rate? Round the answers to two decimal places in percentage form.

Reference no: EM131449280

Questions Cloud

Prove the last convergence : As an example of the Wong-Zakai correction, we calculate the integral I = R b a w(s) dwS(s). The function f(x, t) in this case is f(x, t) = x.

Explain the technology your patient will use at home : Post the technology your patient will use at home and how will you connect with the patient using this technology.

Payoffs in a matrix and explain the strategy choices : What are the most preferred outcomes for both countries? List the payoffs in a matrix and explain the strategy choices.

Recession in canada influences us economic growth : Please provide equilibrium points and shifts on the graph, and a detailed explanation on how the recession in Canada influences U.S. economic growth.

What is toms effective annual rate : During the year the stock paid dividends of $6.04 per share. What is Tom’s effective annual rate?

The price of american call on non-dividend-paying stock : The price of an American call on a non-dividend-paying stock is $4.

Perform logical design to produce appropriate relations : you need to create an Entity Relationship (ER) diagram relevant to the above case study and perform logical design to produce appropriate 3NF Relations

What is the price of european put option : What is the price of a European put option that expires in 6 months and has a strike price of $30?

Deal with the adjustments for is : Deal with the adjustments for IS, BS and FL Only - calculated including cash-flow. Let me know if you need additional inform.

User Account

All Pages