Bill Anderson purchased 1,000 shares of Microsoft Corporation stock for $17,100 at the beginning of 2009. At
Question:
a. What is Bill's total return on the investment?
b. What is the dollar gain from the investment?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... 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...
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a The total market value of the 1000 shares at end of the ye...View the full answer
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Related Book For 
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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