Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. lorraine just bought 100 shares of the villaine in

Lorraine just bought 100 shares of the Villaine industries at $42.80/share. She expects to sell...

90.2K

Verified Solution

Question

Finance

Lorraine just bought 100 shares of the Villaine industries at $42.80/share. She expects to sell the shares in five years for $55.10 per share. Each year, Villaine Is expected to pay yearly dividend of $2.40 per share. If this plays out what will the approximate yield on Lorraines investment be?

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

Accounting
1.2K views

As a small business owner, your financial strategy may be limitedby the lack of...

Finance
1.2K views

What are the benefits of financial sensitivity analysis and how can we apply for firms long-term...

Mechanical Engineering
1.2K views

Explain in general in which area you would apply similarity concept along your career as a mechanical...

Physics
1.2K views

Question 16 The volume of a sphere having 100mm as its diameter is mm 3...

Geometry
1.2K views

17 Which of the following sets of numbers can be the lengths of the sides...

Geometry
1.2K views

A des are congruent Lesson 7 2 Checkpoint Once you have completed the above problems...

Basic Math
1.2K views

The answer above is NOT correct 1 1 4 0 1 0 0 0 1...

Basic Math
1.2K views

Which of the following illustrates the probability of the complement A' of an event A?P(A')=1-P(A)P(A)...

Calculus
1.2K views

A particle is moving on a vertical line in meters so that its coordinate at...

Algebra
1.2K views

(3) Given below is the graph of f(r). Note the graph is not drawn to...

Algebra
1.2K views

Select the equation that results after simplifying the left side of the equation 4 3...

Accounting
1.2K views

Sarasota Appliance Co. manufactures low-price, nofrills appliances that are in great demand for rental units....