Annualized using compound interest is termed the

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Reference no: EM132036806

1. You bought a Share of Next Computers Inc. for $15. It immediately declared and paid a dividend of $0.50. You sold it one year later for $16. What is the return on your investment?

A) 6.67% B) 10.00% C) 10.34% D) 10.50% E) 15.00%

2. An interest rate that has been annualized using compound interest is termed the:

A) Simple interest rate

B) Annual percentage rate

C) Discounted interest rate

D) Effective annual interest rate

Reference no: EM132036806

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