Ask Question
6 September, 19:36

Alexis bought a stock for $34 a share two years ago. The stock does not pay any dividends. Today she sold the stock for $28.50 a share. What was her internal rate of return on this investment?

+4
Answers (1)
  1. 6 September, 21:21
    0
    internal rate of return - 16.17%

    Explanation:

    The internal rate of return is negative because the investment didn't receive dividends for two years. It means that the stock lost value. How much? 16.17% of its value in two years.

    34 * (1 - 16,17%) = 28.5
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Alexis bought a stock for $34 a share two years ago. The stock does not pay any dividends. Today she sold the stock for $28.50 a share. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers