Question: Question 5 Not yet saved Jill purchased a share one year ago for $13.63. The share is now worth $14.60, and the total return to

 Question 5 Not yet saved Jill purchased a share one year

Question 5 Not yet saved Jill purchased a share one year ago for $13.63. The share is now worth $14.60, and the total return to Jill for owning the share was 26.1 per cent. The dollar amount of dividends that she received for owning the share during the year is (expressed in dollars to the nearest cent; don't use $sign or commas eg 50 cents is 0.50) Marked out of 1.00 p Flag question Answer: Question 6 Jill purchased a share for $30 last year. She found out today that she had a -100 per cent return on his investment. Which of the following must be true? Not yet saved Marked out of 1.00 Select one: P Flag question a. The share is worth $30 today b. The share is worth $0 today C. The share paid a dividend during the year. d. Both b and c must be true

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!