Answer: 6.79%
Explanation:
The holding period return is:
= (Current price - Cost price + Dividend) / Cost price
= (48.27 - 45.95 + 1.20) / 45.95
= 7.66%
The annualized return is:
= ( ( 1 + holding period return) ^ number of days in a year/ number of days stock was held - 1)
= ( ( 1 + 7.66%) ³⁶⁵ / ⁴¹⁰ - 1)
= 6.79%
Can totally vary. Normally, it can create 1,000 dollars up to 2,000 dollars if it's a good investment.
Answer:
The answer is: marginal tax rate
Explanation:
The IRS uses tax brackets to determine how much taxes you owe. As your gross income increases and you pass to the next tax bracket, your tax rate also increases.
For example, a single filer who earns $75,000 a year will have a 22% tax rate. If his income increases to $85,000, then his tax rate will be 24%.
The price of Acme Company's stock will likely RISE.
There is a limited number of stocks available and because the demand for the stock is high and rising, the company needs to increase its price. The increase is price will make it more valuable to potential buyers and it will serve as deterrent to those who can't afford to buy the stock at its high price.
In short: supply is low, demand is high, resulting to an increase in price.
