We use the formula:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
1=1*(1+r/100)^8
(1+r/100)=(1)^(1/8)
(1+r/100)=1
r=1-1
=0
Question 6 1 pts 8 years ago you purchased ABC stock for $1 per share. Today,...
DQuestion 4 1 pts You plan to retire 30 years from now. You will save $1,000 per year for the next 15 years, and then $2,000 for the 15 years after that. You can earn 8% on your savings. How much will you have 30 years from now? Round your answer to the nearest whole number, for example 1441 D Question 5 1 pts You will save $11,000 per year for the next 30 years. You will earn 12% on...
Question 4 2 pts 5 years ago you purchased GDL stock for $27.6. Today, you sold the stock for $28.7. What is your annualized rate of return on this investment? Your answer must be in decimals (0.1000 is correct, NOT 10.00%). Round your answer to 4 decimals. D Question 5 2 pts You will deposit $400 per year for the next 5 years. You expect the interest rate 1 year from now to be 6%, 2 years from now to...
One year ago you purchased a share of stock for $67.97. Today you collect a dividend of $1.08 and sell the share for $60.85. What was your dividend yield? Enter your answer as a decimal (not a percent) and round to 4 decimals, for example 0.1234
Suppose that 8 years ago, you purchased 284 shares of stock in a corporation. Between then and now, the stock had a 2:1 split and a 4:1 split. Today, each share sells for $11. If selling all of your shares today would give your investment an annual rate of return of 6%, what was the price per share when you made the purchase 8 years ago? Round your answer to the nearest dollar.
Question7 1 pts You want to buy a new surfboard 4 years from now. You have $500 in the bank today. You can earrn 11% on your savings. If the surfboard will cost $5,000, how much will you have to save every year to have enough to buy it? Round your answer to 2 decimals, for example 100.12. Question 8 1 pts Today you purchased XYZ stock for $92 per share. You will keep the stock for 10 years and...
You purchased the stock of ABC, Inc at a price of $60.83 one year ago today. If you sell the stock today for $82.31 and you received 4 quarterly dividends, $1.24 each, in the past year. What is your holding period return? Please input your answer in decimals and round to the fourth decimal. (e.g. 0.0001)
11 years ago you purchased GDL stock for $26.0. Today, you sold the stock for $36.3. What is your annualized rate of return on this investment? Your answer must be in decimals (0.1000 is correct, NOT 10.00%). Round your answer to 4 decimals.
Question 8: You bought 1000 shares of Huawei's stock at $32.20 per share 4 years ago and now you decided to sell it to travel to Europe this summer holiday. Now the market price of the stock is $59.70. What are the (1) holding period return, (2) average annual return, and (3) the annualized rate of return?
Question 1 1 pts 2 months ago, you purchased 799 shares of a non-dividend paying stock for $28.51 a share. Today, you sold those shares for $33.03 a share. What was your annualized rate of return (in percent) on this investment? Answer to two decimals.
Fred purchased 100 shares of Ekto Corporation common stock for $30.3 per share on June 1, 2001 and then sold it exactly 11 years later for $43.91 per share. What was Fred's geometric mean average annual return on this investment? 4.08% 2.82% 3.43% 2.48% 1 points QUESTION 6 Fred purchased 100 shares of Ekto Corporation common stock for $31.99 per share on June 1, 2001 and then sold it exactly 3 years later for $43.53 per share. What was...