FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Compute total dollar return on this investment for these financial accounting question
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- Suppose you bought 150 shares of stock at an initial price of $47 per share. The stock paid a dividend of $.46 per share during the following year, and the share price at the end of the year was $50. a.Capital Gains Yield b.Divadend Yield c.Total rate of returnarrow_forwardWhat is the capital gains yield on this investment?arrow_forwardYou bought a stock at $90 last year. After one year, you received a dividend of $5.00, and then sold the stock for $98.00. Calculate the rate of return on your investment.arrow_forward
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- One year ago, you purchased 21 shares of a stock at a price of $12.18 a share. The stock pays an annual dividend of $1.26 per share. Today, you sold all of your shares for $20.45 per share. What is your total dollar return on this investment?arrow_forwardOne year ago, you purchased a stock at a price of $28.75. The stock pays quarterly dividends of $.35 per share. Today, the stock is worth $31.25 per share. What is the total amount of your capital gains to date from this investment? (show detailed steps)arrow_forwardYou purchased a stock at a price of $70.72. The stock paid a dividend of $2.03 per share and the stock price at the end of the year is $63.02. What are your capital gains on this investment?arrow_forward
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