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ANEK [815]
3 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]3 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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Answer:

Following Statement is true

Operating income has increased as a percentage of revenue.

Vertical Analysis

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Fees Earned                                                  $153,500       $149,700

Operating expenses                                     <u>$122,800</u>       <u>$127,245</u>

Operating Income                                          $30,700        $22,455

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3 years ago
A) Kasapreko Company Limited is a wholly Ghanaian-owned company with branches in Nigeria, South Africa and Germany. With relevan
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Answer:

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3 years ago
Martin is offered an investment where for $6000 today, he will receive $6180 in one year. He decides to borrow $6000 from the ba
Effectus [21]

Answer:

maximum interest rate = 3%

so correct option is A) 3%

Explanation:

given data

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to find out

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solution

we consider here maximum interest rate bank needs to offer is = r

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rate = 0.03

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