EXAM 3 INVESTING practice problems

EXAM 3 INVESTING practice problems - EXAM 3 INVESTING...

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INVESTING PRACTICE PROBLEMS Question 1 If you want to have $2.3 million dollars ($2,300,000) in your investment account in 30 years and you can earn an annual rate of return on your investments of 9.5%, how much do you need to invest annually to have $2.3 million dollars in 30 years? Question 2 Calculate the rate of return on a share of stock, if the stock rose from $120 per share to $285 per share over 1 year, while paying $100 in dividends during the year. Question 3 If you want to have $5.5 million dollars $5,500,000 in your investment account in 30 years and you can get an annual rate of return of 12%, how much do you need to invest each year, beginning today, to have $5.5 million in your investment account in the future? Question 4 Calculate the annualized rate of return on a share of stock purchased for $52 and sold for $109 after 13 years. Dividends paid during each year were $3 per share. Question 5
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This note was uploaded on 06/06/2011 for the course HACE 3200 taught by Professor B during the Spring '09 term at University of Georgia Athens.

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EXAM 3 INVESTING practice problems - EXAM 3 INVESTING...

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