Question 8(1 point) Tom purchased 100 shares of Dalia Co. stock at a price of $124.09 four

Fantastic news! We've Found the answer you've been seeking!

Question:

Question 8(1 point)

Tom purchased 100 shares of Dalia Co. stock at a price of $124.09 four months ago. He sold all stocks today for $125.72. During the year the stock paid dividends of $6.26 per share. What is Tom's effective annual rate?

Round the answers to two decimal places in percentage form.(Write the percentage sign in the "units" box)

Your Answer:

Posted Date: May 17, 2024 08:04 PM

See More Questions

Determine the maximum weight of the crate so that the tension developed in any cable does not exceed 450lb. 2 ft 1ft 2 f 2 ft,
On January 1, 2013, Sanita Company had a balance of $76,300 in its Office Equipment account. During 2013, Sanita purchased office equipment that cost $30,300. The balance in the Office Equipment...
We have the information shown below. Show the contents of the IP datagram header sent from the remote host to the home agent. Mobile host home address: 130.45.6.7/16 Mobile host care-of address:...
The confidence interval for an audit test where ratio estimation was used is $$26,000$ $$40,000$. The allowable error for the audit test was set at $$60,000$. Show graphically by the use of...
Two hazardous environment facilities are being evaluated, with the projected life of each facility being 10 years. The cash flows are as follows: The company uses a MARR of 15%. Using rate of return...
3A train service charges Tk 18 per ticket plusTk 3 as surcharge to fund planned equipmentupgrades. It expects to sell 4700 ticketsduring the eight week summer season.During that period, the train...
The Calendar Company expects to have $4,000 in cash on hand at the beginning of January, and the company's target cash balance is $2,000. Net cash flow for January is minus $10,000. The company...
The molar mass of hydrogen fluoride, HF, is 20.00 g/mol. If 17.0 grams of HF are dissolved in water to give 200.0 mL solution, what is the molarity of this solution?
How much will Carrie have to put in the bank today at 4% interest to have $30,000 in five years for a home down payment? Use Future Value or Present Value formula.
Name two bacterial species which are commonly used when performing the American Official Analytical Chemist's (AOAC) use dilution test to evaluate the potential anti-microbial effectiveness of a...
Company X has a cost of equity of 14% and a cost of debt of 6%. The tax rate is 35% and it currently has debt-to-equity ratio of 0.5. Company X is considering a project with an initial outlay of...
Sodium hydroxide is used extensively in acid-base titrationsbecause it is a strong, inexpensive base. A sodium hydroxidesolution was standardized by titrating 26.62 mL of 0.1007 Mstandard...
Q-1: Find u(x,t) from the equation , where length of string is L=1 ,C 2 =1 and the initial velocity is zero and the initial deflection as follows, show all the steps 1/4 1/4 3/4 - -1/44
Where are the olfactory sensory neurons, and why is that site poorly suited for their job?

Question 8(1 point) Tom purchased 100 shares of Dalia Co. stock at a price of $124.09 four

Question:

Expert Answer:

Students also viewed these finance questions