Assist with this question part a and b A year ago, you purchase 300 shares of IXC Technologies, Inc .stock at a price of $9.00 per share.The stock paid an annual dividend of $0.27 per share. Today, you sold all your shares for $ 16.20 per share. a) What is your total dollar return on this investment? b) Calculate dividend yield, capital yield and total rate of return for the year.

Assist with this question part a and b A year ago, you purchase 300 shares of IXC Technologies, Inc .stock at a price of $9.00 per share.The stock paid an annual dividend of $0.27 per share. Today, you sold all your shares for $ 16.20 per share. a) What is your total dollar return on this investment? b) Calculate dividend yield, capital yield and total rate of return for the year.

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Description: Assist with this question part a and bA year ago, you purchase 300 shares of IXC Technologies, Inc .stock at a price of $9.00 per share.The stock paid an annual dividend of $0.27 per share. Today, you sold all your shares for $ 16.20 per share.a) Wha

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

9th Edition

ISBN:9781305635937

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter8: Risk And Rates Of Return

Section: Chapter Questions

Problem 6DQ

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