Damien Plans to Buy a Share at $120 and Hold

question 60

Multiple Choice

Damien plans to buy a share at $120 and hold it for 5 years. During this period, he would receive average annual dividends of $4 a share. He expects to receive $145 at the end of the 5-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) N = 4, PV = 145, PMT = 5, FV = -120

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Definitions:

Capillaries

Microscopic blood vessels that facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrients and waste substances between the blood and tissues.

Fenestrated Capillaries

Capillaries with small pores in their endothelial lining, allowing for the rapid exchange of substances between blood and tissues.

Large Fenestrae

Large fenestrae are large pores found in some capillary walls, facilitating the rapid exchange of substances between blood vessels and surrounding tissues.

Endocrine Glands

Glands that produce hormones and release them directly into the bloodstream to regulate various body functions.