(Answered) Last year you purchased a stock at a price of 53 a share

Finance

Last year, you purchased a stock at a price of $53 a share. Over the course of the year, you received $1.8 in dividends and inflation averaged 2.6 percent. Today, you sold your shares for $54.2 a share. What is your approximate real rate of return on this investment?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92871076
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Determine the internal rate of return for a project that

Determine the internal rate of return for a project that costs $177,000 and would yield after-tax cash flows of $21,000 per year for the first 5 years, $29,000 per year for the next 5 years, and $42,000 per year for the ...

If you deposit 870 at 2400annual interest compounded daily

If you deposit $870 at 24.00%annual interest compounded daily, how much money will be in the account after 24 years? (Assume that there are 364 days in a year) Suppose you deposit $194 today, $660 in one year, and $615 i ...

Cost of capital problem - wacc paramount roofing inc went

COST OF CAPITAL Problem - WACC Paramount Roofing Inc. went public by issuing 1 million shares of common stock at $50 per share. The shares are currently trading at $64 per share. Current risk-free rate is 5.2%, and marke ...

What is the present value of a 3-year annuity of 170 if the

What is the present value of a 3-year annuity of $170 if the discount rate is 5%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

The rate of inflation in year 1 is expected to be 14 year

The rate of inflation in year 1 is expected to be 1.4%, year two is 1.8%, and years three through five is expected to be 2%. Assume the real risk-free rate, r*, is 3% for all maturities. What should the yield to maturity ...

Deyoung entertainment enterprises is considering replacing

DeYoung Entertainment Enterprises is considering replacing the latex molding machine it uses to fabricate rubber chickens with a newer, more efficient model. The old machine has a book value of $450,000 and a remaining u ...

What would be examples of valid selection methods used by

What would be examples of valid selection methods used by the human resource department to ensure selecting the appropriate candidate for a job.

A financial planning licensee striving for excellence in

"A Financial Planning Licensee striving for excellence in their fiduciary duty has decided to set a maximum limit of gearing for all client financial plans they construct." Comment on the merit of taking such an approach ...

The stock of company tyk pays dividends annually with next

The stock of company TYK pays dividends annually, with next year's dividend expected to be $1 a share. For the next seven years, dividends are expected to grow at a rate of 6% a year. Thereafter, dividends are expected t ...

Choose an industry and consider what and how it can hedge

Choose an industry, and consider what and how it can hedge in its favor. Introduce the industry, and state what it might hedge, and why. Explain what you would do if put in charge of the decision to hedge or not.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert