One year ago, your friend purchased 82shares of PantherCo. stock for $2,165.98. The stock does not...
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One year ago, your friend purchased 82shares of PantherCo. stock for $2,165.98. The stock does not pay any regular dividends but it did pay a special dividend of $0.51 a share last week. This morning, she sold her shares for $30.97 a share. What was the total percentage return on this investment? Answer as a percentage (e.g. 0.01 is 1.0 %) but without the percentage (%) symbol. One year ago, your friend purchased 82shares of PantherCo. stock for $2,165.98. The stock does not pay any regular dividends but it did pay a special dividend of $0.51 a share last week. This morning, she sold her shares for $30.97 a share. What was the total percentage return on this investment? Answer as a percentage (e.g. 0.01 is 1.0 %) but without the percentage (%) symbol.
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Step 12 Calculation of amount of sales Proceeds from selling the shares Sales Proceeds Number of ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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