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Author Question: Josh purchased 100 shares of XOM for $76.63 per share at the beginning of 2016. He received ... (Read 61 times)

Gabby

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on: Mar 29, 2022
Josh purchased 100 shares of XOM for $76.63 per share at the beginning of 2016.  He received dividends per share of $1.37 (2016), $1.55 (2017), $1.66 (2018), $1.74 (2019), $1.85 (2020).  At the end of 2020 just after receiving the last dividend, he sold the stock for $84.76.  What was his average annual rate of return form both dividends and capital gains? (Hint: compute the IRR, assume that all dividends were received at the end of the year.)
◦ 9.831%
◦ 3.774%
◦ 3.423%
◦ 4.076%
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by Gabby on Mar 29, 2022

Talvinder.Singh

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Gabby

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
:D TYSM

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