What was his annualized rate of return on this investment

Assignment Help Financial Management

Reference no: EM13894368

Scott purchased 200 shares of Frozen Foods stock for $48 a share. Four months later, he received a dividend of $0.22 a share and also sold the shares for $42 each. What was his annualized rate of return on this investment?

Reference no: EM13894368

Questions Cloud

What is her annualized rate of return : Seven months ago, Freda purchased 400 shares of stock on margin at a price per share of $36. The initial margin requirement on her account is 70 percent and the maintenance margin is 40 percent. The call money rate is 4.4 percent and she pays 2 perce..

What is current margin position in this stock : Recently, you sold 1,000 shares of stock for $21,400. The sale was a short sale with an initial margin requirement of 60 percent. The maintenance margin is 30 percent. The stock is currently trading at $27.50 a share. What is your current margin posi..

Analyze the rationale of executives in cases : Analyze the rationale of executives in cases

What does the future hold for industry : You are a banker who has been approached by this company to borrow a sum of money (you decide how much, and why). Based on the company's financials and its future business prospects, would you loan the money? Why or why not.

What was his annualized rate of return on this investment : Scott purchased 200 shares of Frozen Foods stock for $48 a share. Four months later, he received a dividend of $0.22 a share and also sold the shares for $42 each. What was his annualized rate of return on this investment?

List the advantages of outsourcing the hr function : List the advantages of outsourcing the HR function. List the risks of outsourcing the HR function. How did outsourcing HR reduce the risk in developing OneSystem?

Calculate the firms sales and ROA : Grossman Enterprises has an equity multiplier of 3.08 times, total assets of $1,596,000, an ROE of 15.10 percent, and a total asset turnover ratio of 3.15 times. Calculate the firm’s sales and ROA.

What does perfect competition mean : What does "perfect competition" mean? State a few of the underlying assumptions. Explain in words why the demand curve a firm faces in a perfectly competitive market is horizontal.

Do you believe stock repurchases helped the stock price : Pick a public company of your choosing that has been buying back its own shares in at least three of the past five years. Who is the company and how many shares did they repurchase in each of those years? Do you believe the stock repurchases helped t..

User Account

All Pages