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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?

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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Answer:

a. Budgets are detailed forward-looking financial reports based on expected income and expenses.

Explanation:

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In her research paper, Kirstein copied a few paragraphs from a renowned author's work verbatim without placing them within quota

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Explanation:

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2 years ago

Two ways in which best bank can adapt to the challenges of the macro environment

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(a) Bank of Marienfield started its first day of operations with $150 million in capital. It received a total of $100 million i

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Here, we are going to prepare the balance sheet of Bank of Marienfield using the information given in the question..

Formula for Total liabilities is <em>Capital + Checkable deposit + Loan from bank</em>

<u>Given Information</u>

Capital = $150 Million

Checkable deposit = $100 Million

Loan from bank= $50 Million

Total liabilities = $150 Million + $100 Million + $50 Million

Total liabilities = $300 Million

<u>Additional given Information</u>

Commercial loan = $150 Million

Investment in shares = $120 Million

Investment in Treasury bonds = $20 Million

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Excess reserve = Total liabilities - (Commercial loan + Investment in shares + Investment in Treasury bonds + Required reserve)

Excess reserve = $300 Million - ($150 Million + $120 Million + $20 Million + $10 Million)

Excess reserve = $300 Million - $300 Million

Excess reserve = $0 Million

Balance sheet of Bank of Marienfield.

Assets Amount Liability Amount

Required reserves $10 million Bank capital $150 million

Excess Reserve $0 Checkable deposit $100 million

Commercial loan $150 million Loan from bank $50 million

Investment in shares $120 million

Invest. Treasury bond <u>$20 million </u> <u> </u>

Total <u>$300 million</u> Total <u>$300 million</u>

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