Use the table for the question(s) below. Consider the following price and dividend data for General Electric Company: Date December 31, 2008 January 26, 2009 April 28, 2009 July 29, 2009 October 28, 2009 December 30, 2009 0.75%. 0.70%. Assume that you purchased General Electric Company stock at the closing price on December 31, 2008 and sold it after the dividend had been paid at the closing price on January 26, 2009. Your capital gains rate (yield) for this period is closest to: -8.15%. Price ($) Dividend ($) $14.64 $13.35 $9.14 -8.81%. $10.74 $8.02 $7.72 $0.10 $0.10 $0.10 $0.10
Use the table for the question(s) below. Consider the following price and dividend data for General Electric Company: Date December 31, 2008 January 26, 2009 April 28, 2009 July 29, 2009 October 28, 2009 December 30, 2009 0.75%. 0.70%. Assume that you purchased General Electric Company stock at the closing price on December 31, 2008 and sold it after the dividend had been paid at the closing price on January 26, 2009. Your capital gains rate (yield) for this period is closest to: -8.15%. Price ($) Dividend ($) $14.64 $13.35 $9.14 -8.81%. $10.74 $8.02 $7.72 $0.10 $0.10 $0.10 $0.10
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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