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GaryK [48]
2 years ago
15

Suppose a stock has an initial price of $71 per share, paid a dividend of $1.75 per share during the year, and had an ending sha

re price of $88. Compute the percentage total return.
Business
1 answer:
SVEN [57.7K]2 years ago
5 0

Answer:

Total return = 26.4%

Explanation:

Given:

Initial price = $71 per share

Dividend = $1.75 per share

Ending share price = $88

Compute:

Percentage total return

Computation:

Total return = [Ending share price + Dividend - Initial price)/Initial price

Total return = (88 + 1.75 - 71) / 71

Total return = 26.4%

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Answer:

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Explanation:

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What are folders within folders called
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Stephanie has a homeowners insurance policy for her $355,000 home with an annual premium of $0. 42 per $100 of value and a deduc
harkovskaia [24]

The annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is <em>b. $0. 28 per $100 of value.</em>

Data and Calculations:

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Deductible  $500

Total annual out-of-pocket expense = $1,991 ($355,000 x 0.0042 + $500)

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New annual premium rate = $0.28

Total annual out-pocket expense based on the new premium rate = $1,994 ($355,000 x 0.0028 + $1,000)

Thus, the annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is <em>Option b.</em>

Learn more: brainly.com/question/18618915

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