What is mary effective annual rate

Assignment Help Finance Basics
Reference no: EM133121149

Mary purchased 100 shares of Sweet Pea Co. stock at a price of $48.36 six months ago. She sold all stocks today for $46.98. During that period the stock paid dividends of $2.62 per share. What is Mary's effective annual rate?

Reference no: EM133121149

Questions Cloud

Find the total amount of melanie liquidation : Melanie receives an annuity paying $1,000 at the end of each month for eight years. This is directly deposited to a fund paying interest at an annual effective
What are the pros and cons of activity : Bristol-Myers Squibb, a company with single-A investment credit ratings, recently sold $2 billion of bonds that paid 3.35 percent interest.
Affect the success of acquisition : Of the problems that affect the success of an acquisition, which one do you believe is the most critical in the global economy? Why?
Derive the growing perpetuity formula : Derive the growing perpetuity formula. (Hint: this is very similar to what we did in class. Write 1+r out the PV of the (infinite) sum of discounted cash flows
What is mary effective annual rate : Mary purchased 100 shares of Sweet Pea Co. stock at a price of $48.36 six months ago. She sold all stocks today for $46.98. During that period the stock paid di
How much is the correct cost of the operating equipment : Received from sale of salvaged materials from demolishing the old building - (68,000). How much is the correct cost of the operating equipment
What is the beta of stock x : You also know that the correlation between the returns of stock X and the market portfolio is equal to 0.38.
Telehealth types of care : Given the recent events with COVID do you think we will see a change to more Telehealth types of care? How important will analytics be?
Withdrawals including the last one in year 8 : To complete your degree and then go through graduate school, you will need $95,000 at the end of each of the next 8 years. Your parents will deposit a sum of mo

Reviews

Write a Review

Finance Basics Questions & Answers

  How much amount will insurance company pay for the damages

Eric Fowler and his wife Susan just purchased their first home, which cost $130,000. They purchased a homeowner's policy to insure the home for $120,000.

  How much will mr. robbins pay for the bond

If the prevailing annualized yield on other bonds with similar characteristics is 6 percent, how much will Mr. Robbins pay for the bond? A) $1,000.00 B) $1,147.20 C) $856.80 D) none of these

  Compute the effects of these investments on potter companys

the following data are from the annual report of francisco company a specialized packaging manufactureryear 6year 7year

  Percentage of total portfolio

List the company, the ticker symbol, and the percentage of your total portfolio that this stock makes up (this is your own creation).

  Identify the largest item in the financing activities

Identify the largest item in the financing activities section of the Consolidated Statement of Cash Flows for December 31,2014 for Under Armour, Inc.

  What is the net income during the year

A bookstore is incorporated at the beginning of the year, so all entries of balance sheet are zero at the beginning of the year (Jan. 1).

  How many bonds will nfm have to issue

Nebraska Furniture Mart (NFM) is considering a zero-coupon bond issue to raise $2 billion in order to build the new NFM store to be located in Dallas, TX.

  Comparison of two banks

Select two banks and comparison shop for the best deal on a new personal checking account.

  Determine the intrinsic value of the company stock

DDM with Constant g. Stability Inc. has maintained a dividend of $4 per share for many years. The same rate is expected to be paid in future years. If investors require a return of 12% on similar investments, determine the intrinsic value of the c..

  Which state has the highest fee for incorporation

Which state has the highest fee for incorporation? For an LLC? While at the site, look at the FAQ section regarding corporations and LLCs.

  What is the value of the savings bond at end of year five

Grand Opening Bank is offering a one-time investment opportunity for its new customers. A customer opening a new checking account can buy a special savings bond for $300300 today. What is the value of the savings bond at the end of year five?

  What should be this american put option price

Suppose that the risk-free rate is 7% per anum continuous compounding. What should be this American put option price?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd