Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
The frequency of getting an even number is 48%
Answer:
Just see how are they alike and differents
Step-by-step explanation:
Answer:
Asus laptop and desktop and mobile light and dark brown the ki anda nahin i you are girl or
Answer:
Smaller x = 1/5
Larger x = 4
Step-by-step explanation:
Firstly,
(x-4) = 0
x-4 = 0
x = 4
Secondly,
-5x +1 = 0
-5x = -1
x= 1/5
Hope it helps!
