Highlight the correct answer with the marker and submit the document for scoring by the instructor.
#1. John Smith purchased 100 shares of XYZ stock at $40 a share. One year later, he sold the stock for $50 a share. He paid a broker a $32 commission when they purchased the stock and a $40 commission when they sold the stock. During the 12-month period he owned the stock, XYZ paid dividends that totaled $1. Calculate the Smith’s total return for this investment.
- 30.3%
- 22.7%
- 32.7%
- 25.5%
#2. As a stockholder of ABC, you receive its annual report. In the financial statements, the firm reported after-tax earnings of $5,200,000 and has issued 1,600,000 shares of common stock. The stock is currently selling for $36 a share. What is the earnings per share for ABC?
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper Now- $2.25/share
- $0.29/share
- $3.25/share
- $0.70/share
#3. According to the “rule of 72,” a $2,000 investment earning 6% per year will double in
- 3 years
- 12 years
- 8 years
- 6 years
#4. Jane invested $52,000 in the Victorius Social Responsibility Fund. The management fee for this fund is 0.80 percent (ie, 0.8%) of the total asset value. Calculate the management fee Jane pays per year for this fund.
- $416
- 41,600
- 41.60
- 4,160
#5. Which type of fund can sell at a discount or premium to the net asset value?
- Mutual Fund
- Exchange Traded Fund
- Closed End Fund
- Money Market Fund
Week 4 Quiz—Multiple choices (5 Problems)
Thanks for installing the Bottom of every post plugin by Corey Salzano. Contact me if you need custom WordPress plugins or website design.