Chevron Ltd paid the following dividends over the period as follows: Date Dividends per share Share Price
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Question:
- Chevron Ltd paid the following dividends over the period as follows:
- Date Dividends per share Share Price 01/01/2018 3.17 31/12/2018 0.07 3.96 01/07/2019 0.11 4.29 31/12/2019 0.06 4,23
- In addition, during 2019 the company conducted a rights issue with the following characteristics: •
- 2 for 5 rights issue was announced on 01/04/2019 • The shares went ex-rights on the 30/06/2019 •
- The subscription price was $3.88 • The shares traded at $4.01 on 29/06/2019
- Calculate the rate of return to an investor who purchased 1000 shares on 01/01/2018 and sold them on 31/12/2019.
- You should include part numbers of shares in your calculation; that is, don’t round the number of shares during the calculation
Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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