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yarga [219]
3 years ago
7

You purchased a share of stock for $29. One year later you received $2.40 as dividend and sold the share for $28. Your holding-p

eriod return was _________.
Business
2 answers:
bekas [8.4K]3 years ago
5 0

Answer:

4.83%

Explanation:

Given that

Income = 28

End of period value = 2.40

Original value = 29

Recall that

HPR = ((Income + (end of period value - original value)) / original value) × 100

Therefore,

HPR = 28 + (2.40 - 29)/29 × 100

= (28 + ( - 26.6) / 29) × 100

= (1.4 / 29) × 100

= 0.04827 × 100

= 4. 83%

mart [117]3 years ago
4 0

Answer:

4.83%

Explanation:

Given that

Income = 28

End of period value = 2.40

Original value = 29

Holding period return is calculated as  Income + (end of period value - original value)) ÷ original value) × 100

Hence to calculate the Holding period value

= 28 + (2.40 - 29)/29 × 100

= (28 + ( - 26.6) / 29) × 100

= (1.4 / 29) × 100

= 0.04827 × 100

= 4. 83%

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Answer:

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3 years ago
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andrew-mc [135]
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alisha [4.7K]

Answer:

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Explanation:

The journal entry to record the payment of the unemployment taxes is shown below:

State unemployment tax payable A/c Dr $168

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To create an indian flag as per the standard ratio​
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Answer:

The correct answer is A)

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Cheers!

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