Sherry invests money in stock. Her initial investment is $3,000, and after one month the stock’s value increases by 20%. After a
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Answer:
B. 5.40 percent
Explanation:
Let today's price per share be $X
Total return = [ (New value + Dividend - Old value) / Old price ] *100
Old value = $24 *540 = $12,960
Next, plug in the numbers to the formula;
0.063 = [ (540X + 117 - 12,960)/ 12,960 ]
0.063 =
multiply both sides by 12,960;
0.063 *12,960 = 540X - 12,843
816.48 = 540X - 12,843
Add 12,843 from both sides and solve for X;
816.48 + 12,843 = 540X
13,659.48 = 540X
Divide both sides by 540;
13,659.48/ 540 = X
X = 25.295
Therefore, today's price per share = $25.30
Capital gains yield= (Today's price - Original price) /Original price
Capital gains yield = (25.295 -24) / 24
=0.05396 or 5.40%
Therefore, Capital gains yield is 5.40%
Answer:
As a result of the wildfire, supply would fall. there would be a leftward shift of the supply curve. the quantity supplied of wine would reduce and price would increase
as a result of the festival, there would be an increase in demand. this would lead to an outward shift of the demand curve. Thus, the quantity demanded would increase and price would increase
taking these two effects together, there would be an indeterminate change in equilibrium quantity and equilibrium price would increase
Explanation:
