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ANEK [815]
2 years ago
12

Sue purchased a stock for 45 a share, held it for one year received a 2.34 divided and sold the stock for 46.45. what nominal ra

te of return did she earn?
Business
1 answer:
Alexxandr [17]2 years ago
7 0

Answer:

8.4

Explanation:

nominal return - price return + dividend yield

price return = 46.45 /45 - 1 = 3.2%

dividend yield = 2.34 / 45 = 5.2%

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Which statement applies to the commodities exchange
lidiya [134]

Explanation:

Commodities Exchange is a Market, either physical or virtual, where different commodities are being traded with different volumes. Most commonly traded commodities which are traded physically are agricultural commodities, which may include Rice, Wheat, Corns, nuts, seeds, etc. Most commonly traded commodities, which are traded virtually through a system or software with the help of internet, may include Oil, Gold, Stocks, Silver, other precious metals, Soy, etc.

A large number of buyers and sellers are present in commodities exchange market. People buy and sell different commodities, derivatives, stocks, options, futures, spots etc.

4 0
3 years ago
Read 2 more answers
Your family is expanding in number, and so you decide to sell your current home and upgrade to a larger home. You estimate that
castortr0y [4]

Answer:

The Estimated Monthly Mortgage Payment

=    $2,810.81

Explanation:

Data and Calculations:

House price = $475,000

Down payment = $100,000

Percentage of down payment = 21.05% ($100,000/$475,000 * 100)

Finance period = 15 years = 180 months (15 * 12)

Nominal annual interest compounded monthly = 4%

The estimated monthly mortgage payment using an online finance calculator:

Monthly Pay:   $2,810.81

House Price $475,000.00

Loan Amount $380,000.00

Down Payment $95,000.00

Total of 180 Mortgage Payments $505,946.54

Total Interest $125,946.54

Mortgage Payoff Date Jan. 2036

6 0
3 years ago
Residents of Mill River have fond memories of ice skating at a local park. An artist has captured the experience in a drawing an
Irina18 [472]

Answer:

the artist should make the elegant version since the expected profits are higher

Explanation:

elegant version:

expected revenue = (400 x $150 x 40%) + (350 x $110 x 60%) = $47,100

expected profits = $47,100 - $30,000 = <u>$17,100</u>

deluxe version:

expected revenue = (500 x $110 x 40%) + (450 x $70 x 60%) = $47,100

expected profits = $42,250 - $30,000 = $12,250

5 0
3 years ago
Auto Parts, Inc. is medium-sized company that manufactures auto parts in Buffalo, New York. The company currently loses $40,000
Firlakuza [10]

Answer:

I agree with the owner of the company

Explanation:

The overall losses are $40,000 per month and the fixed costs are $30,000 per month.

The company should stop production because the losses are over fixed cost and this tells us that the company is not even able to recover the variable costs and because the variable costs are not at least recovered, there would be no point for the company to continue in the business as it would keep on making a loss and the logic might be wrong regarding sunk costs but the decision must be taken in favour where production should be stopped.

7 0
3 years ago
Which of the following is a multiple meaning word? A) Greed , B) turtle , C) Monitor , D) health
alekssr [168]
(d) health, because it can be used in different ways
5 0
3 years ago
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