FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Your client buys 10 shares of stock at time 0 for $43 per share. At time 1, he receives a dividend of $1 per share, and buys another 10 shares at the new price of $48 per share. At time 2, he receives a dividend of $1 per share, and sells his entire holding of stock for $51 per share. What was the client's time-weighted annual return on this position? Enter answer as a percentage, accurate to two decimal places.arrow_forwardOn January 1, you bought 100 shares of ABD stock for $19/share with funds that you borrowed at an annual rate of 8%. The stock paid dividends per share of $1.50 at the end of the first year, and of $2.20 at the end of year two. What rate of return did you earn if you sold the stock for $21/share at the end of year two. Group of answer choices 14.52 % 12.52 9.99 13.33 15.12. Flag question: Question 22 The NPV of the investment was, Group of answer choices $ 5.70 2.28 4.28 3.28 1.68.arrow_forwardIf an investor buys shares in a no-load mutual fund for $30 and after five years the shares appreciate to $46, what is (1) the percentage return and (2) the annual compound rate of return using time value of money? Round your answers to two decimal places. Percentage return: % The annual compound rate of return: %arrow_forward
- You purchased 100 shares of stock for a share price of $16.11. You sold the stock two years later for a share price of $18.55. You also received total dividend payments of $0.42 per share. What was your total return on your investment?arrow_forwardYou purchase 60 shares for $60 a share ($3,600), and after a year the price falls to $55. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense): 25 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place. % 65 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place. % 75 percent. Use a minus sign to enter the amount as a negative value. Round your answer to one decimal place. %arrow_forwardHelparrow_forward
- You bought 70 shares of a mutual fund one year ago for $50 per share. The front-end load is 5 percent. The fund paid $2.00 per share in dividends during the year. If the fund's net asset value increased 15 percent during the year, what is the percent return for the year?arrow_forwardYou invest $5,062 in stock and receive $68, $75, $93, and $95 in dividends over the following 4 years. At the end of the 4 years, you sell the stock for $7,200. What was the IRR on this investment? The IRR on this investment is %. (Round to the nearest whole percent.)arrow_forwardYou purchased 1,000 shares of a mutual fund at an offer price of $13.88 per share. Several months later you sold the shares for $14.42 per share. During the time you owned the shares, the fund paid a dividend of $0.65 per share. What was your return on investment? Round to the nearest tenth.arrow_forward
- If an investor buys shares in a no-load mutual fund for $30 and after five years the shares appreciate to $56, what is (1) the percentage return and (2) the annual compound rate of return using time value of money?arrow_forwardFind the following for the indicated mutual fund when the given number of shares is bought and sold 1 year later after receiving the distribution shown in the following table. (Round your answers to two decimal places.) Name Shares Bought Shares Sold Distribution NorthCo 100 at $90 100 at $95 $1.45 per share (a) Find the capital appreciation. %(b) Find the yield. %(c) Find the return. %arrow_forwardIf an investor buys shares in a no-load mutual fund for $40 and after eight years the shares appreciate to $57, what is (1) the percentage return and (2) the annual compound rate of return using time value of money? Round your answers to two decimal places. Percentage return: % The annual compound rate of return: %arrow_forward
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