You have purchased 30 shares of Games Inc. for $ 15 and 120 shares of Thrones...

You have purchased 30 shares of Games Inc. for $ 15 and 120 shares of Thrones Co for 721. Over the following three quarters, the companies earned the returns below Quarter 1 Quarter 2 Quarter 3 Games Inc. 20% 46% 44% Thrones Co. -20% -39% -12% What was the buy-and-hold return on your portfolio? Provide your answer in percent, rounded to two decimals, omitting the % sign.

Solutions

Expert Solution

ANSWER : 55.97

jeff jeffy answered 2 months ago

Next > < Previous

Related Solutions

purchased 150 shares of Henry Corporation common stock for $30 per share plus commission of $120....

purchased 150 shares of Henry Corporation common stock for $30 per share plus commission of $120. Immediately issued a ACH payment to Central Brokerage. What is the journal entry and if so, are there two journal entries, one for purchase and the other for cash disbursement?

The shares of XYZ Inc. are currently selling for $120 per share. The shares are expected...

The shares of XYZ Inc. are currently selling for $120 per share. The shares are expected to go up by 10 percent or down by 5 percent in each of the following two months (Month 1 and Month 2). XYZ Inc. is also expected to pay a dividend yield of 2 percent at the end of Month 1. The risk-free rate is 0.5 percent per month. What is the value of an American call option on XYZ shares, with an...

The shares of XYZ Inc. are currently selling for $120 per share. The shares are expected...

The shares of XYZ Inc. are currently selling for $120 per share. The shares are expected to go up by 10 percent or down by 5 percent in each of the following two months (Month 1 and Month 2). XYZ Inc. is also expected to pay a dividend yield of 2 percent at the end of Month 1. The risk-free rate is 0.5 percent per month. a. What is the value of an American call option on XYZ shares, with...

On July 1, 2019, ABB Company, Inc. purchased 30% of the outstanding ordinary shares of ABC...

On July 1, 2019, ABB Company, Inc. purchased 30% of the outstanding ordinary shares of ABC Company for P5,160,000 cash, including transaction cost of P160,000. ABB Company gained ability to exercise influence over ABC Company as a result of this acquisition. On the date of acquisition, the fair value of ABC’s net assets was P12,400,000. ABB Company has determined that the excess of the cost of the investment over its share of ABC’s net assets is attributable to goodwill. ABC’s...

You buy 1000 shares of Rocketman Co. for $30 each and 2500 shares of Trumpology, Inc....

You buy 1000 shares of Rocketman Co. for $30 each and 2500 shares of Trumpology, Inc. for $10 each. What are the weights in your portfolio? (Show Calculations Please)

Steve purchased 300 shares of Delta stock on May 9. On May 15, he purchased another 300 shares and then on May 22 he purchased a final 400 shares of Delta shares.

Steve purchased 300 shares of Delta stock on May 9. On May 15, he purchased another 300 shares and then on May 22 he purchased a final 400 shares of Delta shares. The company declared a dividend of $1.60 a share on April 30 to holders of record on Friday, May 23. The dividend is payable on June 2. How much dividend income will Steve receive on June 2 from Delta shares?

1. You have purchased a convertible bond for $1,093.76. It is convertible into 58 shares of...

1. You have purchased a convertible bond for $1,093.76. It is convertible into 58 shares of the firm’s common stock. The current stock price is $15.60 per share. a. What is the market conversion value of the bond? b. What is the conversion premium? c. Will you choose to convert the stock now?

1. You purchased 10 shares of Resorts, Inc. stock at a price of $40 a share...

1. You purchased 10 shares of Resorts, Inc. stock at a price of $40 a share exactly one year ago. You have received dividends totaling $2 a share. Today, you sold your shares at a price of $50 a share. What is your total dollar return on this investment? (a) $10 (b) $12 (c) $50 (d) $80 (e) $120 2. Big Boy Equipment, Inc. is expected to pay an annual dividend in the amount of...

Fairbanks Corporation purchased 400 shares of Sherman Inc

Brief Exercise 17-05 Fairbanks Corporation purchased 400 shares of Sherman Inc. common stock for $13,200 (Fairbanks does not have significant influence). During the year, Sherman paid a cash dividend of $3.25 per share. At year-end, Sherman stock was selling for $34.50 per share. Prepare Fairbanks's journal entries to record (a) the purchase of the investment, (b) the dividends received, and (c) the fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account.) (Credit account titles are automatically indented when...

You just purchased a 30-year bond with 6% annual coupon, par value of $1000, and 15...

You just purchased a 30-year bond with 6% annual coupon, par value of $1000, and 15 years to maturity. The bond makes payments semi-annually and the interest rate in the market is 7.0%. Calculate bond price as of today • $936.74 • $1015.76 • $918.04 • $908.04 You just purchased a 30-year bond with 6% annual coupon, par value of $1000, and 15 years to maturity. The bond makes payments semi-annually and the interest rate in the market is 7.0%....

Subjects