Scott purchased 200 shares of Frozen Foods stock for $48 a share.Four months later,he received a dividend of $0.22 a share and also sold the shares for $42 each.What was his annualized rate of return on this investment?
A) -44.69 percent
B) -40.14 percent
C) -33.00 percent
D) -31.95 percent
E) -28.07 percent
Correct Answer:
Verified
Q22: You have owned a stock for seven
Q51: A stock sold for $25 at the
Q51: Todd purchased 600 shares of stock at
Q52: Shane purchased a stock this morning at
Q53: You purchased a stock eight months ago
Q54: Ellen just sold a stock and realized
Q56: Christine owns a stock that dropped in
Q57: Today,you sold 800 shares of DeSoto Inc.,for
Q58: One year ago,you purchased 300 shares of
Q60: One year ago,you purchased 500 shares of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents