At the beginning of last year you invested $30,000 in 1,500 shares of Goran Products Inc. During

Question:

At the beginning of last year you invested $30,000 in 1,500 shares of Goran Products Inc. During the year you received $4,500 as a dividend. At the end of the year you sold the shares for $18 each. Calculate your total dollar return, capital gain, percentage return, and dividend yield. Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

Question Posted: