Question: Problem 1 4 - 8 Calculating Return on Investment [ LO 1 4 - 3 ] Two years ago, you purchased 1 0 0 shares
Problem Calculating Return on Investment LO
Two years ago, you purchased shares of General Mills Corporation. Your purchase price was $ a share, plus a total commission of $ to purchase the stock. During the last two years, you have received the following dividend amounts: $ per share for the first year and $ per share the second year. Also, assume that at the end of two years, you sold your General Mills stock for $ a share minus a total commission of $ to sell the stock.
Problem Calculating Return on Investment LO
Two years ago, you purchased shares of General Mills Corporation. Your purchase price was $ a share, plus a total commission
of $ to purchase the stock. During the last two years, you have recelved the following dividend amounts: $ per share for the first
year and $ per share the second year. Also, assume that at the end of two years, you sold your General Mills stock for $ a share
minus a total commission of $ to sell the stock.
a Calculate the dividend yleld for your General Mills stock at the time you purchased it
Note: Enter your answer as a percent rounded to decimal places.
b Calculate the dividend yleld for your General Mills stock at the time you sold It
Note: Enter your answer as a percent rounded to decimal places.
c Calculate the total return for your General Mills Investment when you sold the stock at the end of two years.
Note: Do not round Intermedlate calculations. Round your final answer to the nearest whole number.
d Calculate the annualized holding perlod yleld for your General Mills Investment at the end of the twoyear perlod.
Note: Do not round Intermedlate calculatlons. Enter your answer as a percent rounded to decimal places.
Calculate the dividend yield for your General Mills stock at the time you purchased it
Note: Enter your answer as a percent rounded to decimal places.
Calculate the dividend yield for your General Mills stock at the time you sold it
Note: Enter your answer as a percent rounded to decimal places.
Calculate the total return for your General Mills investment when you sold the stock at the end of two years.
Note: Do not round intermediate calculations. Round your final answer to the nearest whole number.
Calculate the annualized holding period yield for your General Mills investment at the end of the twoyear period.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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