1. You sell a stock for $36.00 that you purchased a year ago for $32.
If year end dividends are $1.25 what is your expected return?
16.41%
18.45%
12.5%
14.33%
2. Find the interest rates earned on each of the following. Round each answer to two decimal places.
You borrow $700 and promise to pay back $763 at the end of 1 year. %
You lend $700 and the borrower promises to pay you $763 at the end of 1 year. %
You borrow $98,000 and promise to pay back $119,232 at the end of 5 years. %
You borrow $9,000 and promise to make payments of $2,684.80 at the end of each year for 5 years. %