A couple bought some stock for 20 per share that pays an annual dividend of...

60.1K

Verified Solution

Question

Algebra

image

A couple bought some stock for 20 per share that pays an annual dividend of 1 20 per share After 2 years the price of the stock was a What is the return on investment 16 X b Find the simple interest rate on the growth of their investment 5 I X

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students