Saturday
July 26, 2014

Homework Help: Algebra 2

Posted by Anonymous on Thursday, March 15, 2012 at 12:40am.

Tracey is contemplating the purchase of 100 shares of a stock selling for 15 per share. The stock pays no dividends. Her broker says that the stock will be worth 20 per share in 2 years. What is the annual rate of return on this investment?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - Jones Company is authorized to issue 20,000 shares of no-par, $5 ...
Math - Michael purchased a certain number of share of one stock for a total of $...
Math - Michael purchased a certain number of share of one stock for a total of $...
math - suppose walmart stock is selling at $59 a share and mattel stock is ...
Math plz help - I need help I don't know how to begin the equation Michael ...
math - michael purchased a certain number of one stock for a total of $176. the ...
accounting - Finishing Touches has two classes of stock authorized: 8%, $10 par ...
Stocks - An investor purchased 700 shares of stock at $54.03 per share. She ...
personal finance - Jo owns 150 shares of Delta General stock. She purchased the ...
Accounting - A company had stock outstanding as follows during each of its first...

Search
Members