Business, 28.11.2019 02:31 michelle230
Damien plans to buy a share at $120 and hold it for five years. during this period, he would receive average annual dividends of $4 a share. he expects to receive s145 at the end of the five-year period when he sells the share. what are the keystrokes used to calculate the rate of return on the investment?
a. n -5, pv -120, pmt-4, fv 145
b. n = 5, pv = 120, pmt = 4, fv-145
c. n> 5,pv=-145, pmt =-4, fv-120
d. n = 4, pv =-120, pmt-5, fv-145
e. nr 4, pv-145, pmt = 5, fv-.120
Answers: 3
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Damien plans to buy a share at $120 and hold it for five years. during this period, he would receive...
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