EXAM 3 MORE INVESTING practice problems

# EXAM 3 MORE INVESTING practice problems - HACE 3200 EXAM 3...

This preview shows pages 1–2. Sign up to view the full content.

HACE 3200 EXAM 3 MORE INVESTING PRACTICE PROBLEMS If you want to have \$3.2 million dollars in your stock portfolio in 25 years and you can earn an annual rate of return on your investments of 8.2%, how much do you need to invest annually to have \$3.2 million dollars in 25 years? d . \$42,509 Question 2 Calculate the rate of return on a share of stock, if the stock rose from \$240 per share to \$385 per share over 1 year, while paying \$300 in dividends during the year. a. 185.4% Question 3 If you want to have \$2.5 million dollars in your investment account in 12 years and you can get an annual rate of return of 11%, how much do you need to invest each year, beginning today, to have \$2.5 million in your investment account in the future? d . \$110,06 8 Question 4 Calculate the annualized rate of return on a share of stock purchased for \$83 and sold for \$119 after 8 years. Dividends paid during each year were \$5 per share. b

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 06/06/2011 for the course HACE 3200 taught by Professor B during the Spring '09 term at UGA.

### Page1 / 2

EXAM 3 MORE INVESTING practice problems - HACE 3200 EXAM 3...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online