business ethics chapter 4 friedman's view of the corporate world supports the rights of individuals to make money with their inv
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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:
r = 11.5%
Explanation:
Given data:
invested amount $20,000
withrawl amount after 5 year is $5000
Amount at the end of 10th yr is $50,000
present value is given as
where
A - amount after given n year
Let
squaring on both side
solving for t we get
t = 1.711
so,