Jenny Reed bought SSX stock for $25 per share. The annual dividend was $1.50 per share, and
Question:
Jenny Reed bought SSX stock for $25 per share. The annual dividend was $1.50 per share, and after 4 years, SSX was selling for $34 per share.
(a) What is the return on investment?
(b) Find the simple interest rate of growth of her money.
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a 34 4150 25 1500 150025 06 ...View the full answer
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
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