Two years ago, you purchased 100 shares of General Mills Corporation. Your purchase price was $61 a s During the last two years, you have received total dividends of $2.48 per share. Also, assume that at the share minus a total commission of $36 to sell the stock. Calculate the total return for your investment and Total return on the investment: $574. Annualized holding period yield: 4.70%. Total return on the investment: $674. Annualized holding period yield: 5.52%. Total return on the investment: $774. Annualized holding period yield: 6.34%. Total return on the investment: $874. Annualized holding period yield: 7.16%.

Two years ago, you purchased 100 shares of General Mills Corporation. Your purchase price was $61 a s During the last two years, you have received total dividends of $2.48 per share. Also, assume that at the share minus a total commission of $36 to sell the stock. Calculate the total return for your investment and Total return on the investment: $574. Annualized holding period yield: 4.70%. Total return on the investment: $674. Annualized holding period yield: 5.52%. Total return on the investment: $774. Annualized holding period yield: 6.34%. Total return on the investment: $874. Annualized holding period yield: 7.16%.

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Description: Two years ago, you purchased 100 shares of General Mills Corporation. Your purchase price was $61 a share, plus a total commission of $38 to purchase the stock.During the last two years, you have received total dividends of $2.48 per share. Also, as

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section: Chapter Questions

Problem 2P

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