What is his annual rate of return

Assignment Help Financial Management

Reference no: EM131613236

Mr. Dow bought 100 shares of stock at $28 per share. Three years later, he sold the stock for $34 per share.

What is his annual rate of return? Use Appendix B for an approximate answer, but calculate your final answer using the financial calculator method. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Appendix B Present value of $1,PVF PV=FV Percent Period 4 Appendlx B (concluded) Percent Period 50% 0.783 0.769 0.756 0.743 0.731 0.718 0.706 0.694 0.640 0.592 0.549 0.510 0.444 0.693 0.675 0.658 0.641 0.624 0.609 0.593 0.579 0512 0.455 0.406 0.364 0.296 0.480 0.456 0.432 0.410 0.390 0.370 0.352 0.335 0.262 0.207 0.165 0.133 0.088 0.425 0.400 0.376 0.354 0.333 0.314 0.296 0.279 0.210 0.159 0.122 0.095 0.059 0.261 0.237 0.215 0.195 0.178 0.162 0.148 0.135 0.086 0.056 0.037 0.025 0.012 0.160 0.140 0.123 0.108 0.095 0.084 0.074 0.065 0.035 0.020 0.011 0.006 0.002 0.125 0.108 0.093 0.080 0.069 0.060 0.052 0.045 0.023 0.012 0.006 0.003 0.001 0.098 0.083 0.070 0.060 0.051 0.043 0.037 0.031 0.014 0.007 0.003 0.002 0 0.087 0.073 0.061 0.051 0.043 0.037 0.031 0.026 0.012 0.005 0.002 0.001 0 0.047 0.038 0.030 0.024 0.020 0.016 0.013 0.010 0.004 0.001 0.001 0 0.026 0.020 0.015 0.012 0.009 0.007 0.005 0.004 0.001 0

Annual Rate of Return = _______ %

Reference no: EM131613236

Questions Cloud

Write about qs as an essay : Write about all these Qs as an essay, to see how you connect between these Qs

Leaders are charged with shaping organizations : Leaders are charged with shaping organizations. This implies that their actions should encourage a high level of sustainability.

Find population of each species in the absence of the other : The differential equations describe the rates of growth of two populations x and y (both measured in thousands) of species A and B, respectively.

Write the critical evaluation essay : First essay - the critical evaluation essay - is due at the end of week three. In this essay, you will be critically evaluating a classic argument.

What is his annual rate of return : What is his annual rate of return?

Hr roles and research potential job requirements : Create a Mind Map or infographic that defines at least 7 to 10 characteristics and responsibilities of at least four potential roles of human resources.

Implementation of multidimensional data model : ISIT312/ISIT912 Big Data Management Assignment. Implementation of multidimensional data model, implementation of query processing

What is break-even point in pairs of shoes sold for company : What is the break-even point in pairs of shoes sold for the company? What is the dollar sales volume the firm must achieve to reach the break-even point?

Discuss the pros and cons of completing a stakeholder : Discuss the pros and cons of completing a stakeholder analysis. In your discussion, explain why stakeholder analysis is an important step in the action research

User Account

All Pages