Tamara June purchased 100 shares of All-Canadian Manufacturing Company stock at $29 1/2 a share. One year

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Tamara June purchased 100 shares of All-Canadian Manufacturing Company stock at $29 1/2 a share. One year later, she sold the stock for $38 a share. She paid her broker a $34 commission when she purchased the stock and a $42 commission when she sold it. During the 12 months that she owned the stock, she received $184 in dividends.
Calculate Tamara's annual shareholder return.
Break this total down into its components: dividend yield and capital gains yield.
Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Personal Finance

ISBN: 978-1259453144

6th Canadian edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino

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