Question 9 4 ptsYou buy 1,000 shares of stock at $5.00 per share.docx - Question 9 4 pts You buy 1,000 shares of stock at $5.00 per share in January of

Question 9 4 ptsYou buy 1,000 shares of stock at $5.00 per share.docx

This preview shows page 1 - 5 out of 7 pages.

Question 9 4 ptsYou buy 1,000 shares of stock at $5.00 per share in January of 2004. You sell the stock at $7.50 per share in January of 2007. What is your internal rate of return (IRR)? Group of answer choices14.47%87.36%18.00%1.1447% Flag this Question Question 10 4 ptsA noted free agent running back just signed a four-year, 30-million dollar contract with a new team. He will get a 7-million dollar signing bonus and a 4.5-million dollar roster bonus. Additionally, he will get 3.25 million for year one, 5.25 million for year two, 5 million for year three, and 5 million for year four. Salary is paid at the end of the first year. Find the present value of his contract if money can earn
6%.Group of answer choices Flag this Question Question 11 4 ptsBanks calculate the monthly payment on a loan as

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture