You bought some shares of MJK at $200 per share. 8 years later, you sell these shares for $750.50 per share. You received total of $80 dividends during this investment period. What is your Effective annual rate (EAR)? OA. 12.47% OB. 23.88% O C. 19.48% OD.35.91%

You bought some shares of MJK at $200 per share. 8 years later, you sell these shares for $750.50 per share. You received total of $80 dividends during this investment period. What is your Effective annual rate (EAR)? OA. 12.47% OB. 23.88% O C. 19.48% OD.35.91%

Name: You bought some shares of MJK at $200 per share. 8 years later, you s
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Description: You bought some shares of MJK at $200 per share. 8 years later, you sell these shares for $750.50 per share. You receivedtotal of $80 dividends during this investment period. What is your Effective annual rate (EAR)?OA. 12.47%OB. 23.88%O C. 19.48%O

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter8: Basic Stock Valuation

Section: Chapter Questions

Problem 2P

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