Question

holding period and annual (investment) returns. bohenick classic Automobiles restores and rebuilds old classic cars. the...

holding period and annual (investment) returns. bohenick classic Automobiles restores and rebuilds old classic cars. the company purchased and restored a classic 1957 Thunderbird convertible 6 years ago for $7,000.00. today at auction, the car sold for $64,800.00. what are the holding period return and the annual return on this investment?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Holding period and annual​ (investment) returns. Bohenick Classic Automobiles restores and rebuilds old classic cars. The...
Holding period and annual​ (investment) returns. Bohenick Classic Automobiles restores and rebuilds old classic cars. The company purchased and restored a classic 1957 Thunderbird convertible 5 years ago for $7,300.00. Today at auction, the car sold for $65,700.00. What are the holding period return and the annual return on this investment? What is the holding period return of the car? Round to 2 decimal places What is the annual return on this investment?
Holding period and annual? (investment) returns. Baker Baseball? Cards, Inc. originally purchased the rookie card of?...
Holding period and annual? (investment) returns. Baker Baseball? Cards, Inc. originally purchased the rookie card of? Hammerin' Hank Aaron for $ 33.00. After holding the card for 4 years, Baker Baseball Cards auctioned the card for $132.00. What are the holding period return and the simple annual return on this? investment? Investment Original Cost of Investment Selling Price of Investment Distributions Received Percent Return + + ??CD ? $500 ?$540 ?$0 ?? ??Stock ?$23 ?$34 ?$2 ?? ??Bond ?$1,040 ?$980...
Part E – Simple and Compound Holding Period Returns (HPR) The following information is for solving...
Part E – Simple and Compound Holding Period Returns (HPR) The following information is for solving Questions 36 to 40 Five years ago, Ryan purchased 100 shares of XYZ Limited at $25.50 per shares. Each quarter, XYZ shares would pay $0.50 in dividends. Today, Ryan sold his shares for $32.75 each. Question 36 How much ($ amount) did Ryan make in capital gains per shares? Question 36 options: $7.25 $4.50 $17.25 $12.25 None of the Above Question 37 How much...
Problem 7-33 Holding Period Yield [LO2] The YTM on a bond is the interest rate you...
Problem 7-33 Holding Period Yield [LO2] The YTM on a bond is the interest rate you earn on your investment if interest rates don’t change. If you actually sell the bond before it matures, your realized return is known as the holding period yield (HPY). a. Suppose that today you buy a bond with an annual coupon rate of 6 percent for $1,080. The bond has 13 years to maturity. What rate of return do you expect to earn on...
2. Suppose that 2 years ago you bought an old record player at a yard sale...
2. Suppose that 2 years ago you bought an old record player at a yard sale for $10. You saw today on E-bay that the same record player is selling for $79.99. If you were to sell the record play at that price today, what would be the implied return percentage? (Enter only numbers in your response. Round to 2 decimal places.) 3. In 1998, the average price of a gallon of gas was $1.06. Today, the average price of...
(     ) 1. According to present value (PV) formula, which one of the following changes will...
(     ) 1. According to present value (PV) formula, which one of the following changes will increase the present value when everything else stays the same?             A)        Future value (FV) decrease.             B)        Period discount rate (r) decrease.             C)        Number of periods in discounting (t) increase.             D)        None of the above. (     ) 2. You deposit $100 today into your savings account and you will continue this annual $100 deposit activity for the next 29 years without withdrawing...
13. A stock had returns of 16.70% (1 year ago), 21.60% (2 years ago), X (3...
13. A stock had returns of 16.70% (1 year ago), 21.60% (2 years ago), X (3 years ago), and -31.20% (4 years ago) in each of the past 4 years. Over the past 4 years, the geometric average annual return for the stock was 3.34%. Three years ago, inflation was 4.35% and the risk-free rate was 5.63%. What was the real return for the stock 3 years ago? A. 11.94% (plus or minus 0.03 percentage points) B. 21.89% (plus or...
1. ABC Service can purchase a new assembler for $15,052 that will provide an annual net...
1. ABC Service can purchase a new assembler for $15,052 that will provide an annual net cash flow of $6,000 per year for five years. Calculate the NPV of the assembler if the required rate of return is 12%. (Round your answer to the nearest $1.) A) $1,056 B) $4,568 C) $7,621 D) $6,577 2, Fitchminster Armored Car can purchase a new vehicle for $200,000 that will provide annual net cash flow over the next five years of $40,000, $45,000,...
Question 1 ____is the chance of loss or the variability of returns associated with a given...
Question 1 ____is the chance of loss or the variability of returns associated with a given asset. Question 2 Baxter purchased 100 shares of Sam, Inc. common stock for $135 per share one year ago. During the year, Sam, Inc paid cash dividends of $6 per share. The stock is currently selling for $170. If Baxter sells all his shares today, what rate of return would be realized? Question 3 A beta coefficient of +1 represents an asset that… Question...
4. The Mycroft Inquiries Group has a price-earnings ratio of 17.5, net income of $194,000, a...
4. The Mycroft Inquiries Group has a price-earnings ratio of 17.5, net income of $194,000, a book value per share of $22.22, and 70,000 shares of stock outstanding. What is its market to book ratio? 5.      Moriarity Ltd has adopted a policy whereby it will maintain a constant debt-equity ratio. Given this, what is its maximum growth rate if it has net income of $9,600, total equity of $66,000, total assets of $150,000 and a 30% dividend payout ratio? 6.     ...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT