Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
expand_more
expand_more
format_list_bulleted
Related questions
Question
Transcribed Image Text:One year ago, Bronwyn purchased 100 shares of Upgo stock at a price of $37.36 per share. The
stock pays an annual dividend of $6.00 per share. Today, she sold all her shares for $28.50 per
share. What is her total dollar return on this investment?
Multiple Choice
O
O
$788
O
-$374
-$286
O-$1,486
$149
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 3 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Similar questions
- Cindy buys a stock on January 1 for $25. It pays a total dividend of $1 during the first year, and trades for $30 at the end of the first year. During the second year, it pays a total of $2 in dividends, and at the end of the second year, the stock trades for $26. What is Cindy's holding period return? Question 5 options: -13.33% 7.85% -6.67% 16%arrow_forwardAn investor puts up $16,000 but borrows an equal amount of money from his broker to double the amount invested to $32,000. The broker charges 8% on the loan. The stock was originally purchased at $40 per share, and in 1 year the investor sells the stock for $45. The investor's rate of return was Multiple Choice O O 16.50% 8.50% 17.00% 4.50%arrow_forwardSooner-than-Later (STL) Inc. announces that it will pay a $75 per dividend next year, followed by a final dividend of $30 per share in the year after. Mrs. Donna Holder has 50 shares in STL Inc. She wishes to limit her income from investments limited to $35 in the first year. Demonstrate through relevant computations, how she can achieve this goal through homemade dividends if the required return on STL Inc’s shares is 9%. What will be Mrs. Holder’s earning in the second year?arrow_forward
- Gareth owns 1 share of stock A and 1 share of stock B. In 1 year from today, the total value of his holdings is expected to be 119.42 dollars. Stock A is currently priced at 47.13 dollars, has an expected return of 12.58 percent, and is expected to pay a dividend of 6.54 dollars in 1 year from today. Stock B is currently priced at 74.88 dollars and is expected to pay a dividend of 5.93 dollars in 1 year from today. What is the expected return for stock B? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.arrow_forwardJames Burton purchased a stock for 545 one year ago. The stock is now worth $65. During the year, the stock paid a dividend of $2.50. What is the total return to James from owning the stock? (Round your answer to the nearest whole percent.) none of the answers is correct. 5% 50% 35% 44%arrow_forwardYou purchased Butterfly Wing Corp. stock exactly one year ago at a price of $77.95 per share. Over the past year, the stock paid dividends of $2.98 per share. Today, you sold your stock and earned a total return of 15.95 percent. What was the price at which you sold the stock? Multiple Choice $96.41 $94.90 $90.38 $92.64 $87.40arrow_forward
- Bob has been investing $4,250 in stock at the end of every year for the past 15 years. If the account is currently worth $130,400, what was his annual return on this investment? Multiple Choice: 9.08% 10.62% 10.92% 8.82% 9.56%arrow_forwardAbigail bought 28 shares of stock at $30.00 per share. She received dividends of $49.50 during the year. At the end of the year, her stock was valued at $43.50 per share. What was her ROI (Return on Investment)?arrow_forwardJedson Pinto is a trader for Articuno Capital. He decided to buy 100 shares of Tesla at $ 150 per share. Two-thirds of the purchase was paid with cash, with the remainder using borrowed money. One month later, the stock price increased to $165 per share. The annual interest rate is 2%. What is Pinto's levered return? Group of answer choices 19.67% 14.83% 10.00% 29.63%arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Essentials Of InvestmentsFinanceISBN:9781260013924Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.Publisher:Mcgraw-hill Education,
Foundations Of FinanceFinanceISBN:9780134897264Author:KEOWN, Arthur J., Martin, John D., PETTY, J. WilliamPublisher:Pearson,
Fundamentals of Financial Management (MindTap Cou...FinanceISBN:9781337395250Author:Eugene F. Brigham, Joel F. HoustonPublisher:Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i...FinanceISBN:9780077861759Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan ProfessorPublisher:McGraw-Hill Education
Essentials Of Investments
Finance
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:9780134897264
Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:Pearson,
Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i...
Finance
ISBN:9780077861759
Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:McGraw-Hill Education