At the beginning of the year, Camille purchased 300 shares of stock at $25.50 per share, then sold them at the end of the year for $28.70 per share. She paid a 1% commission on both the purchase and sale of the stock. Current dividends per share of $2.00 are in effect. Calculate the rate of return.
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- An investor purchases 1,000 shares of XYZ Corp. @ $20. A year later, she sells the shares for $26. During the year, she had collected total dividends of $1.50. What percentage return did the investor earn?A year ago, Kim Altman purchased 190 shares of BLK, Inc. for $27.00 on margin. At that time the margin requirement was 60 percent. If the interest rate on borrowed funds was 6 percent and she sold the stock for $35.50, what is the percentage return on the funds she invested in the stock? Round your answer to two decimal places. %Nancy Cotton bought 400 shares of NeTalk for $15 per share. One year later, Nancy sold the stock for $21 per share, just after she received a $0.90 cash dividend from the company. a. What is the total dollar return earned by Nancy for the year? b. What is the rate of return earned by Nancy?
- Last year, Carlotta bought five shares of Spot-Off Cleaners for $85 each. During the year, Carlotta recieved one cash dividend equal to $5.10 per share. Earlier today, she sold the stock for $88.40. (a) What rate of return did Carlotta earn on her investment? (b) What were the (1) dividend yield and (2) the capital gains tield associated with holding the stock?Wanda Sotheby purchased 170 shares of Home Depot stock at $150 a share. One year later, she sold the stock for $55 a share. She paid her broker a commission of $44 when she purchased the stock and a commission of $51 when she sold it. During the 12 months she owned the stock, she received $138 in dividends. Calculate Wanda’s total return on this investment.Jane purchased 100 shares of Acme Consolidated 1 year ago at $58.80 per share. During the year, Acme paid a dividend of $1.12 per share. Currently, the stock is selling for $52.33 per share. What is Jane's realized rate of return for the year from the stock? Answer as a percentage, 2 decimal places (e.g., 12.34% as 12.34).
- This morning Sophia sold 500 shares of Multiface Consulting for $75.60 per share. She purchased the stock for $70 one year ago. During the time she held the stock, Sophia received two dividend payments; one dividend payment was $1.00 per share and the other dividend payment was $1.10 per share. What yield (rate of return) did Sophia earn on her investment for the year she held the Multiface stock?arvis bought a share of stock for $18.75 that paid a dividend of $.45 and sold three months later for $18.65. What was his dollar profit or loss and holding period return?Tammy Jackson purchased 109 shares of All-American Manufacturing Company stock at $33.60 a share. One year later, she sold the stock for $41 a share. She paid her broker a $35 commission when she purchased the stock and a $43 commission when she sold it. During the 12 months she owned the stock, she received $198 in dividends. Calculate Tammy's total return on this investment. Note: Round all intermediate calculations and final answer to the nearest whole number. Total return
- Sam bought through her broker 200 Apex Mining common stock at $61.50/share. The broker charged her 2% commission. One year later she sold the shares for $71.25. What are the proceeds for this stock market transaction?Steven purchased 1000 shares of a certain stock for $25,700 (including commissions). He sold the shares 2 years later and received $33,400 after deducting commissions. Find the effective annual rate of return on his investment over the 2-year period. (Round your answer to two decimal places.) %/yearSteven purchased 1000 shares of a certain stock for $25,900 (including commissions). He sold the shares 2 years later and received $33,100 after deducting commissions. Find the effective annual rate of return on his investment over the 2-year period. (Round your answer to two decimal places.)