Answer:
Annual Rate of Return = 12%
Effective Annual Rate of Return = 9.6%
Explanation:
Nominal Annual Rate of return =
Annual Dividend per share = $3 per quarter 4 = $12 per share
Current price per share = $125
Par Price per share = $100
Thus Annual Rate of return = $12/$100 = 12%
Effective Annual Rate of Return =
= = 9.6%
Final Answer
Annual Rate of Return = 12%
Effective Annual Rate of Return = 9.6%
Answer:
A and B are True
Explanation:
The efficient market hypothesis or theory, is a hypothesis which states that share prices reflect all information and consistently beating the market is impossible. Because market prices should only respond to new information. The efficient market hypothesis states that when new information comes into the market, it is immediately reflected in stock prices
From the question,
a. one cannot expect to earn an abnormally high return by purchasing a security.
And
b. information in newspapers and in the published reports of financial analysts is already reflected in market prices.
Are the correct answers.
Wholly owned subsidiary arrangements are preferred by firms which pursue global standardization or transnational strategies.
This arrangement gives a firm an advantage since it is able to use profits from one market to improve its position in another competitive market.
Another few advantages of wholly owned subsidiary arrangements are tax benefits, limited liability, promotes diversification.
Learn more about wholly owned subsidiary arrangements here:
https://brainly.in/question/8819903
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Answer:
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Explanation:
<span>Illuminated manuscripts were primarily used to communicate christian teachings.
Before the printing press and even for sometime after, religious material had to be printed by hand. There were those who had a talent for illustrative and artistic penmanship, or, creating pain text in to illuminated text which is a word for the illustrative and artistic lettering.</span>