1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Assoli18 [71]
2 years ago
7

Last year, you purchased a stock at a price of $64.00 a share. Over the course of the year, you received $2.20 per share in divi

dends and inflation averaged 2.7 percent. Today, you sold your shares for $69.00 a share. What is your approximate real rate of return on this investment
Business
1 answer:
Alecsey [184]2 years ago
7 0

Answer:

8.55%

Explanation:

Calculation to determine your approximate real rate of return on this investment

First step is to calculate the Nominal return

Nominal return = ($69 - $64+ $2.20)/$64

Nominal return=7.2/$64

Nominal return= 0.1125

Now let calculate the Approximate real return

Approximate real return = 0.1125 - 0.027

Approximate real return= 0.0855*100

Approximate real return=8.55%

Therefore your approximate real rate of return on this investment is 8.55%

You might be interested in
Couurtney bought a shirt for $24. with a coupon for 25% off. what was the original price of the shirt before the discount
kiruha [24]
Let the original price be x.

then,

x- 25% of x= 24
x- 25x/100 = 24
x-   x/4=24
3x/4=24

3x= 96

x= 32

in short...the original price= 32 dollars

3 0
3 years ago
a manager's reluctance to delegate, as seen in the video, relates to which of the four management functions?
Misha Larkins [42]

A manager's reluctance to delegate, as seen in the video influencing relates to the management function.

What's delegate in a sentence?

If you delegate duties, obligations, or strength to a person, you deliver them those responsibilities or responsibilities or that strength, in order to act in your behalf. He desires to delegate extra obligations to his employees.

What is an instance of a delegate?

An example of delegate is while you tell a person to get your mail for you. The definition of a delegate is a consultant authorized to speak or act for others. An instance of a delegate is a baby-kisser who speaks on behalf of a group of people. One who acts on behalf of one or greater others in an authentic capability.

How do you delegate personnel?

Each assignment you delegate to a person else should include clear direction and context. allow the employee realize why they may be being assigned the undertaking and the way the project will benefit the general challenge or company. Make time to reply any questions and provide feedback while necessary.

Learn more about delegate here:- brainly.com/question/14155844

#SPJ4

6 0
1 year ago
The most obvious benefit of specialization and trade is that they allow us to
Kipish [7]
The most obvious benefit of specialization and trade is that they allow us to: <span>Consume more goods than we otherwise would be able to consume
When we do specialization, we could produce the goods that provide competitive advantage for us so we can produce that goods in a huge amount.
After that, we can trade the goods with other goods (which gives competitive advantage to other country) and trading countries could consume goods on a huge amount.</span>
6 0
3 years ago
What are the steps to using a database template? Use the drop-down menus to complete them.
Hoochie [10]

Answer:

1) New 2) Location 3) Create

Explanation:

Edg 2020

8 0
3 years ago
Read 2 more answers
You invested $4,500 in a project which gave you a return of 13.1% the 1st year. you were quite happy, but the 2nd year wasn't as
Nadusha1986 [10]

The annual average rate of return can be calculated by calculating the average of three years annual return on the investment.

It is given that the investment earned a positive return of 13.1% in the first year, a negative return of -4.3% in the second year and a positive return of 5.9% in the third year.

Hence the annual average rate of return shall be (13.1-4.3+5.9)/3 =<u> 4.9%</u>



7 0
3 years ago
Other questions:
  • What is your view of abortion?
    5·1 answer
  • If we could accurately forecast interest rates, financing decisions would be easy. Although it's difficult to predict future int
    9·1 answer
  • A company that makes baseball caps is underutilizing its resources. what does this mean?
    13·2 answers
  • The following transactions were selected from the records of Evergreen Company:
    14·1 answer
  • How do you short term goals differ from long-term goals
    9·1 answer
  • Omega.com sold 25 jet skis for $7000.which cost$5000 The entry to record the sale would be
    7·1 answer
  • True or False: When material inputs or intermediate products enter a country at a high duty while the final imported product is
    7·1 answer
  • What conclusions concerning the relative liquidity of these companies can be drawn from these data?
    9·1 answer
  • Interactive voice response directs customers to use touch-tone phones or keywords to navigate or provide information.
    7·1 answer
  • If the world price for a good exceeds the before-trade domestic price for a good, then that country must have.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!