1. A share of stock currently sells for $60, pays an annual dividend of $4.00, and earned a rate of return of 20% over the past year. What did this stock sell for one year ago?
2. Suppose you find that a particular company generates $.60 in sales for every dollar in total assets. How often does this company turn over its total assets?
3. An investor purchases a mutual fund share for $100. The fund pays dividends of $6, distributes a capital gain of $7, and charges a fee of $5 when the fund is sold one year later for $105. What is the net rate of return from this investment? Rate of return ?