Damien Plans to Buy a Share at $120 and Hold

question 16

Multiple Choice

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 $145 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)N = 4,PV = 145,PMT = 5,FV = -120

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Definitions:

Personality Development Research

The study of how personality traits and characteristics evolve and change over the course of a person's life.

Cohort Differences

Cohort differences refer to variations in characteristics, attitudes, or experiences among groups of individuals who were born around the same period.

Longitudinal Studies

Research designs that involve repeated observations or measurements of the same subjects over a period of time, often years or decades, to track changes and developments.