Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. suppose you bought a stock for $27.1 per share and

Suppose you bought a stock for $27.1 per share and you sold it for $32.9...

80.2K

Verified Solution

Question

Finance

Suppose you bought a stock for $27.1 per share and you sold it for $32.9 after 3 years. The stock did not pay any dividends. What was your compound average monthly return from this investment? Answer in percent, rounded to two decimal places

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In each of six situations, a particle (mass m, charge q) is located at a...

Physics
Q

What is the relationship between the simple two-sample t-test and the Bonferroni method of multiple comparisons?

Statistics
Q

What is an example of a keystone species in the ocean Oorca Killer whale O...

Biology
Q

All of the following metabolic changes would occur if breakfast is skipped following an overnight...

Biology
Q

A particle is moved from 0 0 to a a under a force F 31...

Physics
Q

For a certain nationwide standardized test there are two commonly used preparation products on the...

Basic Math
Q

What is the present value on January 1,2018, of $50,000 due on January...

Accounting
Q

6.10. For the TM modes (H, = 0) in rect- angular coordinates, with z variations...

Accounting
Q

How high level diversification is different from buying shares in one industry like buying shares...

Accounting
Q

6. XYZ Corporation has a deferred compensation plan under which it allows certain employees to...

Accounting
Q

Please help, thank you! View Policies Current Attempt in Progress Towson Company has experienced...

Accounting
Q

Please help in completing the Schedule M-1. Thanks! MUTT CUTTS CORPORATION BALANCE SHEET (GAAP...

Accounting