RAUCH -Module Three Homework.xlsx - Module Three Homework...

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Module Three Homework Assignment Note the number of decimal places required for many problems. Rounding too early can have a material effect on t Label your work with the appropriate $ or % as indicated. Provide your work below the line for each problem tab. Highlight or bold your answers. Chapter 6 Homework: P6-1a-c (pg. 204) and P6-19 (pg. 207) Chapter 7 Homework: P7-5 (pg. 232), P7-11 (pg. 233), and P7-24 (pg. 235) 21 available points → prorated to assignment grade 30 points Problems can be solved algebraically, using Excel formulas, and/or using TVM financial calculator inputs. No credi
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the answers. it will be given if work is not shown.
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P6-1 3 points You purchase 1,000 shares of Spears Grinders Inc. stock for $45 per share. A year later, the stock pays a div c. Do the answers to parts (a) and (b) depend on whether you sell the stock after one year or continue to hol a. b. $5,250 / ($45 x 1000) c. No, they do not depend on whether you sell stock or hold it. No credit will be given if work is not a. Calculate your total dollar return. (Show your work. Label $. No decimal places required.)
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