Question: Panda Bear dot com pays $5 per share in dividends every year to its shareholders. Your friend purchased 500 shares of their stock at the

Panda Bear dot com pays $5 per share in dividends every year to its shareholders. Your friend purchased 500 shares of their stock at the beginning of the year for $42.27 per share. At the end of the year, the stock traded at $43.88 per share. Find the percent return on investment your friend earned for the year. Group of answer choices 15.6% 10.9% 8.0% 14.9% 4.9%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Warren Buffett?s Annual Shareholder Letter (page numbers for your convenience, but may not be comprehensive) 1. Describe the methods Warren Buffett uses to measure both his own firm?s performance and...

Igor worked the entire year at Dauz Inc, a Canadian controlled private corporation based in St John's. Igor received $180,000 of salary in 2016. He was also awarded a bonus in December 2015 in the...

QUESTION 1 (a) List and explain the major functions performed by the capital markets. (5 marks) (b) Discuss the reasons why rights issues are often used to increase the equity of both small and...

Problem 12.5A (Static) Preparing a Statement of Stockholders' Equity (L012-4, L012-8) A summary of the transactions affecting the stockholders' equity of Riverton Corporation during the current year...

Comprehensive Dakota Corporation had the following shareholders' equity account balances at December 31, 2018: Preferred stock $1,800,000 Additional paid-in capital on preferred stock 90,000 Common...

Please help me complete it Comprehensive Dakota Corporation had the following shareholders' equity account balances at December 31, 2018: Preferred stock $1,800,000 Additional paid-in capital on...

QUESTION 2 Lavinia Products plc manufactures toys and other goods for children. It has been trading for 3 years. Five people own the shares in the company, all of them employed full time in the...

1. Opening balances. The opening balances for select accounts are provided in the appropriate ledger accounts. 2. Record the following transactions in the journal and post to the ledger:...

plz answerr question 3 only those are the questions before it, but i only need answer for question 3. dont report this request as multipe questions :) thank you Question 3: There are many aspects...

just only 2 questions ,please read the requirment word by word and be careful about the style of the reference(APA) , file 3.1 is for question 2..BTW,please focus the every step FINANCE SPOTLIGHT...

Show that if an object is thrown with speed v 0 at an angle above the horizontal, its speed at some height h is independent of .

The maximum payload of a TCP segment is 65,495 bytes. Why was such a strange number chosen?

Two broad approaches that can be used to deal with uncertainty in the capital budgeting process are _ _ _ _ _ _ . Multiple choice question. sensitivity analysis and What - if analysis sensitivity...

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".