Suppose you bought 180.00 shares of Wal-Mart (WMT) one year ago today at $23.00. Over the...
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Suppose you bought 180.00 shares of Wal-Mart (WMT) one year ago today at $23.00. Over the last year, you received $32.00 in dividends. At the end of the year, the stock sells for $31.00. How many dollars did your investment earn in the past year? Submit Answer format: Currency: Round to: 2 decimal places. Hide Hint Suppose you bought 100 shares of Wal-Mart (WMT) one year ago today at $25. Over the last year, you received $20 in dividends (20 cents per share x 100 shares). At the end of the year, the stock sells for $30. How many dollars did your investment earn in the past year? Capital gain = P- Po $30-$25-$5 per share Dividends Received $0.20 per share The total payoff per share is then: Capital gain + Dividends $5+$0.20 $5.20 We purchased 100 shares so our total dollar payoff equals: Total dollars from investment 100 shares x $5.20 per share $520 Suppose you bought 180.00 shares of Wal-Mart (WMT) one year ago today at $23.00. Over the last year, you received $32.00 in dividends. At the end of the year, the stock sells for $31.00. How many dollars did your investment earn in the past year? Submit Answer format: Currency: Round to: 2 decimal places. Hide Hint Suppose you bought 100 shares of Wal-Mart (WMT) one year ago today at $25. Over the last year, you received $20 in dividends (20 cents per share x 100 shares). At the end of the year, the stock sells for $30. How many dollars did your investment earn in the past year? Capital gain = P- Po $30-$25-$5 per share Dividends Received $0.20 per share The total payoff per share is then: Capital gain + Dividends $5+$0.20 $5.20 We purchased 100 shares so our total dollar payoff equals: Total dollars from investment 100 shares x $5.20 per share $520
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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