Spark has paid the following dividends during 2021-2022: Date 9 April 2021 1 October 2021 8 April 2022 7 October 2022 The price of Spark shares at the start of 2021, 2022, and 2023 are Date 5 January 2021 5 January 2022 4 January 2023 t is the EAR for the 2021-2022 period? Dividend 12.5c 12.5c 12.5c 12.5c Price 4.80 4.49 5.34

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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am. 382.

1. Spark has paid the following dividends during 2021-2022:
Date
9 April 2021
1 October 2021
8 April 2022
7 October 2022
The price of Spark shares at the start of 2021, 2022, and 2023 are
Date
5 January 2021
5 January 2022
4 January 2023
What is the EAR for the 2021-2022 period?
Dividend
12.5c
12.5c
12.5c
12.5c
Price
4.80
4.49
5.34
Transcribed Image Text:1. Spark has paid the following dividends during 2021-2022: Date 9 April 2021 1 October 2021 8 April 2022 7 October 2022 The price of Spark shares at the start of 2021, 2022, and 2023 are Date 5 January 2021 5 January 2022 4 January 2023 What is the EAR for the 2021-2022 period? Dividend 12.5c 12.5c 12.5c 12.5c Price 4.80 4.49 5.34
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