Homework Answers
Nominal return = [(Sale price + Divided) - purchase price]/ purchase price
Nominal return = ((100+4) - 95)/95 = 0.0947 or 9.47%
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Score: 0 of 1 pt of 5 (3 completely mewor Concept Question 4.4 HW Score: 60%,...
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At the beginning of the year, you bought 100 shares of Microsoft common stock for $105, and over the course of the year, the company paid a dividend of $3 per share. At the end of the year, you sell your 100 shares for $80. The inflation rate for the year was 4 percent. What is the nominal return of your investment?
At the beginning of the year, you bought 100 shares of Microsoft common stock for $105,...
At the beginning of the year, you bought 100 shares of Microsoft common stock for $105, and over the course of the year, the company paid a dividend of $3 per share. At the end of the year, you sell your 100 shares for $80. The inflation rate for the year was 4 percent. The nominal return on your investment was percent. (Round your answer to two decimal places.)
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