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tankabanditka [31]
2 years ago
7

On August 15, you purchased 110 shares of stock in the Cara Cotton Company at $26 a share and a year later you sold it for $22 a

share. During the year, you received dividends of $2.00 a share. Compute your HPR and HPY on your investment in Cara Cotton. Use a minus sign to enter negative values, if any. Round your answer for HPR to three decimal places. Round your answer for HPY to one decimal place.
Business
1 answer:
Scrat [10]2 years ago
6 0

Answer:

HPR 7.692 %

HPY 7.7      %

Explanation:

Holding period return: return in one year

Holding period yield: until maturirty

are the same for this case, as the share was for 1 year only:

returns/ investment = HPR = HPY

<u></u>

<u>return: </u>

dividends         $   2

price variance -$   4

 net return      -$   2

<u>Investment</u>

purchase at $   26

-2/ 26 = -1/13 = -0,0769230 = -7.692%

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If brazil gives up 3 automobiles for each ton of coffee it produces, while peru gives up 7 automobiles for each ton of coffee it
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If brazil gives up 3 automobiles for each ton of coffee it produces, while peru gives up 7 automobiles for each ton of coffee it produces, then Brazil should focus on producing coffee because it has a competitive edge in this area.

What does Brazil have a comparative advantage in?

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3 0
1 year ago
Lore Co. changed from the cash basis to the accrual basis of accounting during 2005. The cumulative effect of this change should
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Other things the same, if prices fell when firms and workers were expecting them to rise, then a. employment and production woul
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Answer:

d. employment and production would fall.

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4 0
3 years ago
What is 9 and 5/6 minus 3 and 3/6​
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Answer:

9\frac{5}{6} - 3\frac{3}{6} = \frac{38}{6}

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Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

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So when we subtract these two, we get \frac{38}{6}.

7 0
3 years ago
Read 2 more answers
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