Question: need help on #6 not 5 5. One year ago, you purchased 600 shares of stock for $14 a share. The stock pays $.41 a
need help on #6 not 5
5. One year ago, you purchased 600 shares of stock for $14 a share. The stock pays $.41 a share in dividends each year. Today, you sold your shares for $15.30 a share. What is your total dollar return on this investment? A. $1,222 B. $7,43 C. $815 D. $780 E. $1.026 6. One year ago, you bought a stock for $29.15 a share. You received a dividend of $1.04 per share last month and sold the stock today for $28.80 a share. What is the capital gains yield on this investment? A. 2.37 percent B. 1.76 percent C. -1.20 percent D. -1.62 percent E. .53 percent
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
