Connect Chapter 13 Question and answers correctly solved 2024/2025
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Course
ACCT
Institution
ACCT
Connect Chapter 13 Question and answers correctly solved 2024/2025 Connect Chapter 13 - Videos with Questions
Rate of Return:
Calculating the rate of return allows you to determine: - correct answer If the investment is earning enough to meet or exceed your investment goals.
Nicholas in...
Connect Chapter 13 - Videos with
Questions
Rate of Return:
Calculating the rate of return allows you to determine: - correct answer ✔If
the investment is earning enough to meet or exceed your investment goals.
Nicholas initially invested $2,400 in a technology company. The company
recently paid annual dividends of $22 and his year-end investment value was
$2,000. What was the rate of return on his investment? - correct answer ✔-
15.75%
Greg initially invested $7,000 in a transportation company. The company
recently paid annual dividends of $86 and his year-end investment value was
$8,340. What was the rate of return on his investment? - correct answer
✔20.37%
Interest Rate Risk:
If market interest rates decrease from 7% to 6%, what happens to the value of
a $1,000 bond with a fixed interest rate? - correct answer ✔It will increase.
Haley currently owns a $1,000 bond with a fixed interest rate of 3%. The
market interest rate is currently 5%. What is the approximate market value of
her bond? - correct answer ✔$600
If a bond has increased or decreased in value, one option for the bondholder
is to keep the bond until maturity. What is the other option discussed in the
video? - correct answer ✔To sell the bond at its current price.
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