Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mc algo 10-3 approximate real return last year, yo

MC algo 10-3 Approximate Real Return Last year, you purchased a stock at a price...

80.2K

Verified Solution

Question

Accounting

MC algo 10-3 Approximate Real Return Last year, you purchased a stock at a price of $68.00 a share. Over the course of the year, you received $2.80 per share in dividends and inflation averaged 3.3 percent. Today, you sold your shares for $73.50 a share. What is your approximate real rate of return on this investment? Multiple Choice O 12.2% 4.8% 8.9% 15.5%
image
MC algo 10-3 Approximate Real Return Last yesc, you purchesed a stock at a price of $68.00 a shore. Over the course of the year, you recelved $2.80 per share in dividends and inflation averaged 3.3 percent. Today, you sold your shares for 573.50 a share. What is your approximate real rate of retum on this investment? Multiple Cholce 1225 4.t. thn 155K

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