Answer:
no, h=7
Step-by-step explanation:
9+9h = 10h+2
9=h+2
7=h
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%
Answer:
Project A :
NPV : $703,888.64
IRR : 44.882%
Project B:
NPV : $5,241.26
IRR : 49.662%
Project B is more profitable
Step-by-step explanation:
The NPV gives the difference between the present value of cash inflow and cash outflow over a certain period of time.
The Internal rate of return is the discount rate which makes the NPV of an investment 0. It is used to estimate the potential return on an investment. Investments with higher IRR are said to be better than those with lower IRR value.
Using the net present value, (NPV) Calculator, the NPV for project A is : $703,888.64
The IRR of project A is : 44.882%
The NPV for Project B is : $5,241.26
The Internal rate of return (IRR) : 49.662%
From the Internal rate of return value obtained, we can conclude that, project B is more profitable as it has a higher IRR than project A.
Answer:
2 km east and 10 km north
Step-by-step explanation:
I did the activity and got the right answer.
