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

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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