Ask Question
15 November, 11:43

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?

+1
Answers (1)
  1. 15 November, 11:55
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers