Concept explainers
(a)
To calculate: The number of shares purchased is 40, purchase price per share is $20, dividend per share is $2 and sale price per share is $44. Find the total purchase price.
(b)
To calculate: The number of shares purchased is 40, purchase price per share is $20, dividend per share is $2 and sale price per share is $44. Find the total dividend amount.
(c)
To calculate: The number of shares purchased is 40, purchase price per share is $20, dividend per share is $2 and sale price per share is $44. Find the capital gain or loss.
(d)
To calculate: The number of shares purchased is 40, purchase price per share is $20, dividend per share is $2 and sale price per share is $44. Find the total return.
(e)
To calculate: The number of shares purchased is 40, purchase price per share is $20, dividend per share is $2 and sale price per share is $44. Find the percentage return.
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Mathematical Ideas (13th Edition) - Standalone book
- College AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning