1. The price of the common shares of Spin Master Toys was valued at $32.57...
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1. The price of the common shares of Spin Master Toys was valued at $32.57 at the end of 2020, a year where they had increased by 9.39%. Over the two year period 2020/2021, the same stock increased by 14.52%. What was the price of each share at the end of 2021?
2.What rate of return in the second year of an investment will cancel out a 35% gain in the first year?
3. What rate of return in the second year of an investment will cancel out a 25% gain in the first year?
4. After two consecutive years of 9% rates of return, what rate of return in the third year will produce a cumulative loss of 4%?
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