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mojhsa [17]
3 years ago
12

You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the y

ear was $59.46. What was the total return for the year
Business
1 answer:
kotykmax [81]3 years ago
4 0

Answer:

Total return = 14.94%

Explanation:

Options are <em>"14.17% , 13.40% , 14.94%, 11.43%, 3.50%"</em>

End price = $59.46

Beginning price = $53.36

Dividend = $1.87

Total return = (End price - Beginning price + Dividends) / Beginning price

Total return = ($59.46 - $53.36 + $1.87) / $53.36

Total return = $7.97 / $53.36

Total return = 0.1493628185907046

Total return = 14.94%

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4 0
3 years ago
What is the yield to maturity of a ten-year, $1000 bond with a 5.2% coupon rate and semiannual coupons if this bond is currently
Anna35 [415]

Answer:

A. 6.82%

Explanation:

Yield to Maturity is a discounting rate which equals all the cash outflows related to bond with the present /current market value of bond. YTM is calculated by trial and error method. Since the options are available in the question, we can use those options to find out correct YTM.

First we are taking YTM 6.82%

Semi-annual YTM = 3.41%

Coupon Interest semi annual = 1000*5.2%*1/2

                                                 = $26

No of times interest paid = 10*2

                                          = 20

Present Value of bond

= Coupon Interest*PVIFA (YTM, 20) + Par Value x PVIF (YTM, 20)

= 26*PVIFA (3.41%, 20) + 1000*PVIF(3.41%, 20)

= (26*14.32884) + (1,000*0.511386)

= 372.55 + 511.39

= $884

At YTM 6.82% all the future cash flows of bond is equals to its current value.

Therefore, The correct YTM is 6.82%

4 0
3 years ago
An oligopolistic market structure is distinguished by several characteristics, one of which is a difficult entry. Which of the f
ryzh [129]

Answer:

The correct answers are letters "B" and "C": Market control by a few large firms; Either homogeneous or differentiated products.

Explanation:

An Oligopoly is when a small group of two or more companies dominates a market. Oligopoly firms may consent to <em>market collusion</em>, and <em>create barriers</em> to new trade entry. If the companies do not, they are likely to be forced to lower their prices and open the market to newer smaller companies.

The <em>ability to set prices, having homogeneous or distinctive products </em>and <em>price rigidity</em> are some other characteristics of oligopolies.

3 0
3 years ago
Suppose you are committed to owning a $220,000 Ferrari. If you believe your mutual fund can achieve an annual return of 10.85 pe
jok3333 [9.3K]

Answer:

2,291,520

Explanation:

220,000×10.85%=23,870

23,870×96=2,291,520

7 0
3 years ago
While solitary negative reactions or unjustified suggestions for change have the potential to dissipate discourse rather than bu
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Question attached:

Answer:

Paraphrasing plagiarism

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Here the student committed paraphrasing plagiarism because even though there was an in-text citation, he failed to give a bibliographic reference as he should. Now although the student paraphrased his source(ie changed or rearranged sentence structure and words and not quoted word-for-word) he would not have been said to have committed plagiarism if he had properly referenced(not only in-text) citation the work

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