Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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you purchased 300 shares of a non-dividend paying stock at $50 per share using 50% margin at a 10% annual interest rate. A year later you sold the stock for $44.62 and paid your annual interest on the margin loan. You paid $30 in commission in total. What was your total loss on this investment
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- You bought a stock one year ago for $50.78 per share and sold it today for $56.05 per share. It paid a $1.81 per share dividend today. What was your realized return?arrow_forwardIn you cash account, you buy 100 shares of XYZ Corporation at a price of $10 per share. Two months later, XYZ pays a dividend $0.21 per share. You sell all 100 shares of XYZ three months later at a price of $12 per share. What is your capital gain on this trade?arrow_forwardLast year, you purchased 510 shares of Forever, Incorporated, stock at a price of $45.44 per share. You received $714 in dividends and a total of $25,556 when you sold the stock. What was the capital gains yield on this stock?arrow_forward
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