Homework Answers
| Orignial share purchased | 284 |
| Number of share after 2:1 split =284*2 | 568 |
| Number of share after 4:1 split =568*4 | 2272 |
| Number of share outstanding | 2272 |
| Value of share = 2272*11 | 24992 |
| Annual return over 8 year period | 6% |
| Intial cost = 24992/(1.06)^8 | 15680.29 |
| Orignial share = | 284 |
| Price per share = 15680.29/284 | 55 |
| Price per share 8 year ago = $55 | |
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Suppose that 8 years ago, you purchased 284 shares of stock in a corporation. Between then...
10 years ago, you purchased shares of stock in a corporation. Between then and now, the...
10 years ago, you purchased shares of stock in a corporation. Between then and now, the stock had a 3:1 split, and the price per share increased by 21%, what would be the rate of return on your investment if you sold your shares today? Round your answer to the nearest tenth of a percent.
Suppose that 10 years ago, you purchased shares in a certain corporation's stock. Between then and...
Suppose that 10 years ago, you purchased shares in a certain corporation's stock. Between then and now, there was a 3:1 split and a 5:1 split. If shares today are 71% cheaper than they were 10 years ago, what would be your rate of return if you sold your shares today? Round your answer to the nearest tenth of a percent.
One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...
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One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...
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Question 6 1 pts 8 years ago you purchased ABC stock for $1 per share. Today,...
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