Annualized return on investment, Finance Basics

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Annualized return on investment

Problem:

Suppose you buy stock at a price of $42 per share. Three months later, you sell it for $48. You also received a dividend of $.68 per share.

Required:

Question: What is your annualized return on this investment?

Note: Please explain comprehensively and give step by step solution.

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Finance Basics: Annualized return on investment

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Finance Basics: Annualized return on investment

Reference No:- TGS0878950

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : What are the genotypes of guinea pigs

Q : Beginning net fixed assets

Q : What happens to the lactate produced in fermenting muscles

Q : Estimate the return on investment

Q : Annualized return on investment

Q : How do female species protects her territory

Q : What is the earnings per share

Q : What is the effect of 25t magnet

Q : Geometric return over period

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Annualized return on investment

Reference No:- TGS0878950

Recent Questions Asked Finance Basics

Q : What are the genotypes of guinea pigs

Q : Beginning net fixed assets

Q : What happens to the lactate produced in fermenting muscles

Q : Estimate the return on investment

Q : Annualized return on investment

Q : How do female species protects her territory

Q : What is the earnings per share

Q : What is the effect of 25t magnet

Q : Geometric return over period

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