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umka2103 [35]
2 years ago
6

Sue purchased a stock for $26.50 a share, held it for one year, received a $1.34 dividend, and sold the stock for $28.45. What n

ominal rate of return did she earn
Business
1 answer:
babunello [35]2 years ago
6 0

Answer:

the nominal rate of return she earned is 12.42%

Explanation:

The computation of the nominal rate of return she earned is shown below:

return = (sell price - buy price + dividend) ÷ buy price

= ($28.45 - $26.50 + 1.34) ÷ ($26.50)

= 12.42%

Hence, the nominal rate of return she earned is 12.42%

We simply applied the above formula so that the correct rate could come

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4 0
3 years ago
Grandma and Grandpa Generous had many children, but they have only one grandchild,Harold. Grandma and Grandpa would like to give
Leni [432]

Answer:

Gift Tax GSTT

Explanation:

In such a scenario, Grandma and Grandpa Generoushave a current liability to the Gift Tax GSTT. This tax rate applies to Grandma and Grandpa Generous because the gift exceeds the limit per individual for gifting and because they have exhausted their lifetime gift-tax exemption. Meaning that they have to pay taxes on this gift of $5.43 million which according to the GSTT guidelines is a fixed rate of 40% of the gift that was given.

8 0
3 years ago
Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspe
crimeas [40]

Answer:

1. Does it mean if I have been taught any financial information?  

NO

This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud

Explanation:

Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspect of the financial services, insurance, securities or real estate industries or any other licensed industry or profession?

1. Does it mean if I have been taught any financial information?  

NO

This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud

2. I have worked as a teller. then do I have to say yes??  

YES, but what they want to know is ''while you were a teller did you receive any query for fraud'' or have you been sanctioned for acting wrongly because you wanted financial gain? Did you change records to show an improved picture?

3. Is this question a positive question or negative?  

This question is positive because it shows you are seeking for an opportunity for work or travel.

6 0
3 years ago
Read 2 more answers
Yield to Maturity and Call with Semiannual Payments Thatcher Corporation's bonds will mature in 12 years. The bonds have a face
Dovator [93]

Answer:

rounding to two decimal places: 11.11%

Explanation:

we can se the approximate formula for YTM

YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}

C=  57.5 (1,000 x 11.5%/2)

Face value = 1000

P= 1050 (market value)

n= 24 (12 years x 2 payment per year)

YTM = \frac{57.5 + \frac{1,00 - 1,050}{24}}{\frac{1,000+1,050}{2}}

semiannual YTM =  5.4065041%

This is a semiannual rate as we consider semiannula payment.

We need to convert into annual rate:

(1 + 0.054065041)^{2}  - 1

YTM 11.1053109921343000%

rounding to two decimal places: 11.11%

8 0
2 years ago
If opportunity cost were to suddenly increase, total cost would a) decrease and net benefit would increase. b) decrease and net
Allushta [10]

Answer:

The correct answer is option d.

Explanation:

The total economic costs include both explicit as well as implicit costs. The explicit costs are the direct costs incurred and the implicit costs are opportunity costs.

An increase in the opportunity cost will cause the total economic costs to increase. The net benefit is the difference between the total revenue earned and the total cost incurred. An increase in the opportunity cost will cause a net benefit to decrease as total costs will increase.

4 0
3 years ago
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