Mr. Abu purchased 100 stocks of Futura Informatics Ltd. for $21 on March 15, sold for $35

Fantastic news! We've Found the answer you've been seeking!

Question:

Mr. Abu purchased 100 stocks of Futura Informatics Ltd. for $21 on March 15, sold for $35 on March 14 next year and the company paid a dividend of $2.50 per share. What is Mr. Abu holding period return?

Related Book For answer-question

Canadian Income Taxation Planning And Decision Making

ISBN: 9781259094330

17th Edition 2014-2015 Version

Authors: Joan Kitunen, William Buckwold

See More Books

Posted Date: Apr 07, 2024 08:53 AM

See More Questions

A portfolio has three stocks: Stock A, Stock B, and Stock C. Stock A has a return of 16.88%. Stock B has a return of 22.49%. The weight of Stock A in the portfolio is 30%. The weight of stock B in...
The following partial information is contained in the variance analysis received from the Western Plant of Eastlawn Company. All plants at Eastlawn apply overhead on the basis of direct labor-hours....
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
Manual programming for the following picture : 3.000 2.250 1.500 .750 PART#:00002 ZEE & SLOTS (MANUAL PROGRAMMING) 5.0 REF. .500 5 1.375 3.000 2.250 TITLE: PART#: 00002 (ZEE & SLOTS) DRAWN BY:...
Apply Figures 12-23 and 12-25 to boiling of water at 1 atm (0.101 MPa). Discuss.
Find the closed-loop frequency response V 3 /V a c in Fig. 15-34 (a) for f varying from 1 kHz to 1 MHz, using the subcircuit model shown in Fig. 15-35(a). Model parameters are the same as in Problem...
Figure 28. 10 shows a current loop in an external magnetic field and the forces exerted on the different lengths of the wire. Assume that the loop is attached to a pivot that allows it to spin (as...
The Landers Corporation needs to raise $1.60 million of debt on a 20-year issue. If it places the bonds privately, the interest rate will be 10 percent. Twenty thousand dollars in out-of-pocket costs...
QUESTION ONE a) Distinguish between sale and agreement to sell b) Explain the rights of unpaid seller against the goods c) Explain the nature of the contract of hire purchase QUESTION TWO (5 marks)...
A uniform plank ABC of weight 30 N and 2 m long is supported at one end A and at a point B 1.4 m from A as shown in Fig. Find the maximum weight W, that can be placed at C, so that the plank does not...
Organizations can use a variety of mechanisms to increase the fear of getting caught. Which of the following is not one of those mechanisms? 1. A. Conversion efforts 2. B. Fraud risk management...
Select the statement that is most accurate with regard to materiality. 1. Materiality does not create discretionary choices for managers, executives, and auditors. 2. Earnings management is not...
According to the ACFE 2016 Report to the Nations, which of the following is the most frequent source of initial fraud detection? 1. A call to the police 2. Tips 3. Accidental discovery 4. The...
Which of the following is most accurate with regard to a deposition? 1. Depositions are far more pleasant than trial testimony. 2. The credibility of the expert witness is more important during...
Which of the following does not make recovering deleted files more difficult from a personal computer? 1. A long period of computer use after a file has been deleted 2. The use of defrag after a file...
Framing a firms strategy activity context this discussion helps you develop the skills to master the following course competencies: analyze organizations and competitive environments using theories...
Several months have passed and the Managing Partner approved and properly filed the Complaint and properly submitted the Request for Production of Documents that you drafted. In fact, it has been 75...
sample size = 49, sample mean = 25.2 cm, sample standard deviation = 2.2 cm Assume that population means are to be estimated from the samples described. In each case, use the sample results to...
Sample size = 81, sample mean = 4.5 km, sample standard deviation = 3.1 km Assume that population means are to be estimated from the samples described. In each case, use the sample results to...
n = 100, x = 8.0 ft, s = 2.0 ft Assume that population means are to be estimated from the samples described. In each case, use the sample results to approximate the margin of error and 95% confidence...

Mr. Abu purchased 100 stocks of Futura Informatics Ltd. for $21 on March 15, sold for $35

Question:

Expert Answer:

Heres how to calculate Mr Abus holding period return Step 1 Calculate Capital GainLoss Purchase pr... View the full answer

Canadian Income Taxation Planning And Decision Making

Students also viewed these finance questions