Sid bought shares in an office supply company for $50 a share in October 2016. The...
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Sid bought shares in an office supply company for $50 a share in October 2016. The shares paid semi-annual dividends of $12 per share and he sold the shares for $65 each in April 2017. Find: a) Income Amount b) Income Yield c) Capital Gain Yield c) Rate of Return on the Investment Round your final answers to two decimals, if needed. Page 10 of 16 Sid bought shares in an office supply company for $50 a share in October 2016. The shares paid semi-annual dividends of $12 per share and he sold the shares for $65 each in April 2017. Find: a) Income Amount b) Income Yield c) Capital Gain Yield c) Rate of Return on the Investment Round your final answers to two decimals, if needed. Page 10 of 16
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Ans Duration from october 2016 to april 2017 is six months ... View the full answer
Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Posted Date:
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