Effective rate = (1+5%/2)^2-1 = 5.0625%
Share price = Dividend/ Rate of return
Dividend = 290.80* 5.0625% =$14.72
Question 1 of 7 If the market value of a telecommunications share is $290.80, calculate the...
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ucian Ethos Iden X $ Homepage - Winter X Vretta X C Sign In or Sign Up x C Math P signment/4111 Question 4 of 7 Jesse set up a fund that would pay his family $5,000 at the beginning of every month, in perpetuity. What was the size of the investment in the fund if it was earning 5.50% compounded semi-annually? Round to the nearest cent Submit Question Next Question W con 0 TI
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