Question: Janis Rafferty purchased 100 shares of Gold Depot common stock

Janis Rafferty purchased 100 shares of Gold Depot common stock at the beginning of January for $25.00 per share. Janis received a $1.25 dividend payment from the company at the end of December. At that time, the stock was selling for $27.50 per share.
a. Compute the dollar return earned by Janis during the year.
b. Compute the rate of return earned by Janis.
c. What was the dividend yield and the capital gain generated by Gold Depot during the year?
d. Compute the rate of return that Janis would have earned if she had purchased 500 shares instead of 100 shares of Gold Depot stock at the beginning of the year.




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  • CreatedNovember 24, 2014
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