Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 33 a manager buys three shares of stock t

Question 33 A manager buys three shares of stock today, and then sells one of...

70.2K

Verified Solution

Question

Accounting

image
Question 33 A manager buys three shares of stock today, and then sells one of those shares each year for the next 3 years. His actions and the price history of the stock are summarized below. The stock pays no dividends. Time 3 Arithmetic average return Price Dollar-weighted average return $180 200 200 200 Calculate the following returns for this portfolio: Geometric average return Action Buy 3 shares Sell 1 share Sell 1 share Sell 1 share % %6 %6 5 pts Do not round intermediate calculations. Round your answer to 2 decimal places include trailing zeros. Do not enter percent signs (no %)

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

Two forces are applied to a car in an effort to move it, as shown in...

Physics
Q

The DSM-5 has revised the criteria for the diagnosis of bipolar disorder in childhood and has...

Psychology
Q

Please answer in less than an hour :) Can you explain and show how we get...

Mechanical Engineering
Q

Find the interval s of numbers that are at least a distance of 8 away...

Calculus
Q

Consider the linear mappings F R R G R R and H R R given...

Algebra
Q

3. Goodwin Bikes began operations in April 2022 and had the following transactions. ...

Accounting
Q

Clevland Company manufactures an equipment with an estimated economic life of 5 years and leases...

Accounting
Q

What is a non-parametric test? A) A test that does not assume...

Accounting
Q

Jordan Corporation has the following securities in its long-term investment portfolio accounted for at fair...

Accounting
Q

create the initial documents for the master budget: sales budget production budget ...

Accounting
Q

During 2020, Bonita Furniture Company purchases a carload of wicker chairs. The manufacturer sells the...

Accounting
Q

Assume that both portfolios A and B are well diversified, that E(rA) = 16%, and...

Finance