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anonymous
 one year ago
Need help urgently; it's financial math! Will fan and medal anyone who can help!
anonymous
 one year ago
Need help urgently; it's financial math! Will fan and medal anyone who can help!

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0When she turned 18, Kayla purchased 110 shares of Stock A for $38 per share; 88 shares of Stock B for $109 per share; 78 shares of Stock C for $57 per share; and 18 shares of Stock D for $98 per share. At age 36, Kayla sold Stock A for $5,019, Stock B for $11,490, Stock C for $6,131, and Stock D for $1,219 with annual dividends of $45 per year. Which stock provided Kayla with the greatest return on her investment? Stock A Stock B Stock C Stock D

whpalmer4
 one year ago
Best ResponseYou've already chosen the best response.1Let's look at them one by one. Stock A was bought for $38/share (110 shares) and sold for $5019. How much did stock A cost to purchase?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.038 * 110  4,180. So $4,180 to purchase Stock A?

whpalmer4
 one year ago
Best ResponseYou've already chosen the best response.1Yes, that's correct. If it cost $4,180 to purchase, and Kayla received $5,019 when selling, how much was the return on the investment in stock A?

whpalmer4
 one year ago
Best ResponseYou've already chosen the best response.1I believe you are correct :) How about stock B? 88 shares @ $109, sold for $11,490

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Stock B: 88 * 109 = $592 Stock C: 78 * 57 = 4,446 Stock D: 18 * 98 = 1,764

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0So if she sold Stock B for $11,490  $9,592 = $ 1,898

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Stock C: $6,131  4,446 = $1,685

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0@whpalmer4 I'm not sure how to calculate Stock D because it has annual dividends of $45 per year

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0$1,219  1,764 = 545 which makes her in the negatives so she sold it for less than she invested but she also get the $45 annual dividends per year

whpalmer4
 one year ago
Best ResponseYou've already chosen the best response.1okay, so, she got $45 annually in dividends. How many years?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0It doesn't say but it did mention earlier that she is 36 when she sells but she had bought at age 18. So should I use that?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I don't think it would justify the cost though because 18*45 would only make her $810

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I think she makes the most off of Stock B

whpalmer4
 one year ago
Best ResponseYou've already chosen the best response.1Sorry, wrote numbers down in wrong order! basis on stock D was 18*98 = 1764 pocketed 810 in dividends sold for 1219 net: 1219+8101764 = 265 Yes, B looks like the best investment. Easy to pick the good investments afterwards, it's before that is tricky :)

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0@whpalmer4 thank you so much for all of your help and for helping me to understand it! Thank you! Fanned and medal!
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