A woman made 7 annual end-of-year purchases of $3500 worth of common stock. The stock paid no dividends. Then after holding the stock for 8 years, she sold all the stock for $38,000. What interest rate did her investment earn?

Q: Henry purchased a stock for $45 a share, held it for one year, received a $2.34 dividend, and sold…

A: To calculate the rate of  return we will use the following formula   Rate of return = [D+(P1-P0)]/P0…

Q: Wu of Troy, New York, has $5,000 that he wants to invest in the stock market. Ji is in college on a…

A: Here, Investment Amount is $5,000 Current price of Share is $25 EPS is $1.25 Last Year Income is…

Q: Jennifer uses the cash method. Which of the following transactions result in gross income in the…

A: If a business uses cash method, then the transaction is included in income only when it gets…

Q: purchased 2,000 units in a Canadian mutual fund company for $13,000. On April 29, 2021, he sold…

A: Capital loss will be offseted by capital gains and net gains will taxed.

Q: On October 30, 2015, Tess bought 500 shares of ACTS stock for 640 pesos per share. On November 15,…

A: The gain or loss on the investment can be computed by finding the difference between sales price…

Q: Last year at this time, Rohan purchased 2,000 shares at $45/share in Boom Inc. In 2021, he received…

A: To solve the question, we first need to determine the total buy value, total sale value and total…

Q: Ed Delahanty purchased 500 shares of Niagara Corporation stock on margin at the beginning of the…

A: A stock is a financial instrument issued by a corporation to raise equity funds from the general…

Q: Andrew T. invested $15,000 in a high-yield account. At the end of 30 years he closed the account and…

A: Effective interest rate, also known as the annual equivalent rate is the interest rate which takes…

Q: During 2019, Tom sold Sears stock for $14,200. The stock was purchased 4 years ago for $19,880. Tom…

A: Net Gain is the difference between selling price and cost. Similarly, net loss is the difference…

Q: On January 1, year 1, Dave received 1,000 shares of restricted stock from his employer, RRK…

A: RRK Corporation would have to pay tax on the stocks granted to Dave on the grant date. On the…

Q: Steven purchased 1000 shares of a certain stock for $25,900 (including commissions). He sold the…

A: Given information: Purchase price of stock : $25,900 Selling price of stock : $33,100 Period of…

Q: Fiona purchased 200 shares of Oxygon stock for $11 a share on August 11, 2020. On July 28, 2021, the…

A: Answer:-  Capital gain meaning:- The profit earned on the sale of an asset for example, stock, bonds…

Q: Sammy purchased 800 shares of Winn-Dixie at $4.40 per share. Sammy financed 35% of the purchase with…

A: Concept. Annual return is the return that an investment provides during investment tenure. It is…

Q: On February 1 of the current year, John learned that she inherited stock under her aunt’s will.…

A: Long  term Gain: These are the gain that  is generated from   selling capital assets owned for more…

Q: Kayla purchased a stock for $56 a share and sold it six months later for $62. While she owned the…

A: Holding Period Return : The holding period return means Return on the invested amount from the date…

Q: ason purchased 300 shares of the hodge and mattox energy fund. Each share cost 15.15. Fifteen months…

A: The company issues its equity shares to the public to raise capital and the shareholders would be…

Q: Sarah and James Hernandez purchased 140 shares of Macy's stock at $57 a share. One year later, they…

A: Given, No. of shares = 140 Sell Price = $57 Purchase = $61 Commission paid = $8+$12 =$20 Dividend…

Q: On January 1, year 1, Dave received 1,000 shares of restricted stock from his employer, RRK…

A: Taxes are the amount of dues or liabilities that is to be paid by individual to government on…

Q: The Jones family received two quarterly dividend payments of $0.17, one quarterly payment of $0.20,…

A: The provided information are: Jones family received two quarterly dividend payments of $0.17 One…

Q: Jack sells stock of a non-publicly traded corporation with a $6,000 adjusted basis for $10,000. Jack…

A: Every company is authorized to issue a particular number of shares to the general public. The person…

Q: On January 1, year 1, Dave received 1,000 shares of restricted stock from his employer, RRK…

A: The following information is given in the question: 1. No. of Shares = 1,000 shares 2. Marginal rate…

Q: Tom recently received 2,060 shares of restricted stock from his employer, Independence Corporation,…

A: Income or loss:- When a sale amount is more than the actual cost then it is said to be income and if…

Q: Ben bought 200 shares of a stock at php140 a shares.a year later,he sold the stock at 145.50 a…

A: A stock refers to a security that addresses the responsibility for part of an organization. This…

Q: Dev recently sold Protus Corp for $45 after holding back the stock for a year. He received dividends…

A: Holding Period Return of the stock = (Sale Price - Purchase Price + Dividend payments)/ Purchase…

Q: 2) On July 1, 2020 you borrowed $8,000 from the bank and purchased 400 shares in Gone Ltd. for $20…

A: Given, (a) Esther borrowed = $ 8,000 (b) Purchased 400 shares in Gone Ltd. @ $ 20 per share = $…

Q: Carmen Santiago decided to invest $12,000 in shares of the AT&T company that pays her 5% in…

A: Internal rate of return (IRR) is a value at which PV of inflows is equal to the PV of outflows, or…

Q: Amy bought 135 shares of stock in AZ Corp for $52.50 per share. 2 years later she sold all of the…

A: Number of shares purchased = 135 Purchase Price of Shares = $ 52.50 Selling Price per Share = $41.40…

Q: Jessie buys 100 shares of stock at $29.52 per share and then sells the stock 9 months later at…

A: Annual interest or gain is the gain which is calculated on an annual basis by extrapolating the gain…

Q: Kathy Myers frequently purchases stocks and bonds, but she is uncertain how to determine the rate of…

A: 1. Particular Year Cash Flows 14% Factor PV of cash flows Purchase of stock Present 13,000 1…

Q: Your roommate is puzzled. During the last year, the company in which she is a stockholder reported a…

A: The books of accounts of the company are prepared using the accrual basis of accounting. While…

Q: WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the…

A: Solutions are as follows

Q: At the start of the year, Kylie’s time deposit has a balance of 250,000. At the end of the year, the…

A: Return on Deposit :— The returns on Fixed Deposits are the fixed interest that you get for investing…

Q: Eleven Co. began operations on Jan. 1, 2022. Eleven starts her business by investing $25,000 of her…

A: Cash flow statement is a statement which is prepared to find out the cash comes in and goes out , by…

Q: A small retail stock investor purchased 5 shares of GameStop for $85 per share on a Tuesday. Exactly…

A: Formula for nominal rate to be changed into effective rate is:

Q: n in Kim's account when she first purchases the stock

A: Margin-: Margin is the capital rented from a brokerage firm to buy an undertaking. It is the…

Q: Samuel Jenkins made two investments; the first was 13 months ago and the second was two months ago.…

A: Investment 1 - made 13 months ago -  The tax rate for long-term capital gains for taxable income of…

Q: of the calendar year, what amount would her assets be sitting at?   a.R690 000 b.R710 000 c.R700…

A: Basic Accounting Equation is given as under:     Assets  = Equity  + Liabilities    Meaning, Total…

Q: Aimee invested part of Php35,000 in a stock paying 9% interest for 2 years and the balance in a…

A:

Q: Jacob Corcoran bought 10,000 shares of Grebe Corporation stock two years ago for $24,000. Last year,…

A: There can be many tax consequences when a stock is sold as: Capital gain tax will be imposed when…

Q: WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the…

A: Calculation of Income per share = $ 214000/ 100 shares = $ 2140 per share Calculation of Income per…

Q: Perry purchased 100 shares of Ferro, Inc. common stock for $25 per share one year ago. During the…

A: In the given question we need to compute the realized return for perry from following details.…

Q: Felice Navidad purchases 2,000 shares of NOW Technology stock at $4 inChristmas 2008. Four years…

A: Purchase Value = 2000 shares *$4 Purchase Value =$8000 Sell Value = 2000 Shares *$28 Sell Value =…

Q: James bought a beachfront house in March 2011 for $140,000. After renting the house out for 3 years,…

A: Sales Consideration                $260000 Purchase Price in March 2011 $140000  Capital Gains…

Q: An Investor buys common stock in a firm for $1000, At the end of the first year and overy year…

A: Stock Investment refers to the purchase of stocks with an mindset for holding purchased securities…

Q: An investor purchases 1,000 shares of XYZ Corp. @ $20.  A year later, she sells the shares for $26.…

A: When an investor purchases a stock, the rate of return comes in two forms, they are dividend  and…

Q: Kim opens a brokerage account and purchases 500 shares of Batliboy at OMR50 per share. She borrows…

A: Margin:- In finance, the term margin is defined as the amount of money that is borrowed from a…

Q: On January 1, year 1, Dave received 1,000 shares of restricted stock from his employer, RRK…

A: Taxes are the amount of dues or liabiltieis that are to be paid by individuals on account of income…

Q: Adam is a retail investor and decides to purchase 10 shares of Company A at a per-unit price of $20.…

A: Purchase Price = 20 Number of shares purchased = 10 Investment Amount = Shares purchased * Purchase…