you purchased 500 shares of WMT stock on November 15, 2020, for $150.54. You sold the 500 shares on November 19, 2021, for 143.60. WMT had a 1.462% Dividend yield. Assume this is dividend was paid to you before you sold the stock. i. calculate the dollar return and percentage return on the sale of the stock ii. calculate the total dividend paid and percent return on the dividend iii. calculate your total profit or loss and

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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you purchased 500 shares of WMT stock on
November 15, 2020, for $150.54. You sold
the 500 shares on November 19, 2021, for
143.60. WMT had a 1.462% Dividend yield.
Assume this is dividend was paid to you
before you sold the stock.
i. calculate the dollar return and percentage
return on the sale of the stock
ii. calculate the total dividend paid and
percent return on the dividend
iii. calculate your total profit or loss and
percent return
Transcribed Image Text:you purchased 500 shares of WMT stock on November 15, 2020, for $150.54. You sold the 500 shares on November 19, 2021, for 143.60. WMT had a 1.462% Dividend yield. Assume this is dividend was paid to you before you sold the stock. i. calculate the dollar return and percentage return on the sale of the stock ii. calculate the total dividend paid and percent return on the dividend iii. calculate your total profit or loss and percent return
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