Suppose a stock had an initial price of $76 per share, paid a dividend of $1.95 per
Question:
Suppose a stock had an initial price of $76 per share, paid a dividend of $1.95 per share during the year, and had an ending share price of $84. Compute the percentage total return.
DividendA dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
Step by Step Answer:
The return of any asset is the incr...View the full answer
Corporate Finance
ISBN: 978-1259918940
12th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
Related Video
Stocks (also known as equities) are securities that represent ownership in a company. They are issued by companies to raise capital, and when an individual buys stocks, they become a shareholder in that company. Investing in stocks can be a way for individuals to potentially earn a return on their investment through dividends and capital appreciation. However, investing in stocks also carries a level of risk, as the value of the stock can fluctuate based on various factors such as the financial performance of the company and general market conditions. For companies, issuing stocks can be a way to raise funds for growth and expansion. When a company goes public by issuing an initial public offering (IPO), it can raise significant capital by selling ownership stakes to the public. Companies can also issue additional stock offerings to raise additional capital as needed.
Students also viewed these Business questions
-
Rework Problem 10.1 assuming the ending share price is $67. Problem 10.1 Suppose a stock had an initial price of $92 per share, paid a dividend of $1.45 per share during the year, and had an ending...
-
Suppose a stock had an initial price of $72 per share, paid a dividend of $1.65 per share during the year, and had an ending share price of $85. Compute the percentage total return. What was the...
-
Rework Problem l assuming the ending share price is $62. Problem l Suppose a stock had an initial price of $72 per share, paid a dividend of $1.65 per share during the year, and had an ending share...
-
What is the cofactor of an entry of a matrix? How are cofactors used to find the determinant of the matrix?
-
Write an account on the importance of the periodic table. Pay particular attention to the significance of the position of an element in the table and how the position relates to the chemical and...
-
Your brother has offered to give you either \($75,000\) today or \($150,000\) in 9 years. If the interest rate is 8% per year, which option is preferable?
-
Scott has just received the latest figures from his market research agency regarding last years overall market position. He is pleased as this is the third year that the company in which he is...
-
Mallette Manufacturing, Inc., produces washing machines, dryers, and dishwashers. Because of increasing competition, Mallette is considering investing in an automated manufacturing system. Since...
-
need help filling out the six boxes Cash balance, December 1, 2016 is $18,600 Transactions Dec. 1 Common stock was issued to stockholders for $8,100 cash. 7 7 Purchased equipment for $1,800 on...
-
Suppose that in a production of spark plugs the fraction of defective plugs has been constant at over a long time and that this process is controlled every half hour by drawing and inspecting two...
-
The Nearside Co. just paid a dividend of $2.07 per share on its stock. The dividends are expected to grow at a constant rate of 4.3 percent per year, indefinitely. If investors require a return of 11...
-
You found a 10 percent coupon bond on the market that sells for par value. What is the maturity on this bond?
-
Use a calculator to approximate each radical to three decimal places. 500
-
4. What is the time complexity of the following procedure for in/2 to n do j 2 end for while (j
-
If the concentration of a constituent in the influent to the equalization basin is constant over the 24 h period, will the load of the constituent from the basin be constant? If the concentration of...
-
A three-phase transmission line of a 60 Hz circuit has a length of 370 km (230 miles). the conductors are of the 795,000cm (54/7) type with horizontal spacing of 25 feet between them. The load on the...
-
Simulate rolling a dice using Math.random() . Your roll function should allow the caller to specify any number of sides, but default to 6 if no side count is given: roll() assumes a 6 sided dice,...
-
Drama Read the excerpt from a play. Then, answer the question(s). (1) (2) Belle: Having trouble deciding what will make you look like both a power to be reckoned with and a fetching young lady while...
-
To prepare the cash flow statement, accountants for West Boats Ltd. have summarized 2020 activity in two T-accounts as follows: West Boats Ltd.s 2020 income statement and selected balance sheet data...
-
Suppose that A is an m n matrix with linearly independent columns and the linear system LS(A, b) is consistent. Show that this system has a unique solution.
-
Liquidity True or false: All assets are liquid at some price. Explain.
-
Gordon Driving School's 2014 balance sheet showed net fixed assets of $1.32 million, and the 2015 balance sheet showed net fixed assets of $1.51 million. The company's 2015 income statement showed a...
-
The 2014 balance sheet of Jordan's Golf Shop, Inc., showed long-term debt of $1.625 million, and the 2015 balance sheet showed long-term debt of $1.73 million. The 2015 income statement showed an...
-
Jeannie is an adjunct faculty at a local college, where she earned $680.00 during the most recent semimonthly pay period. Her prior year-to-date pay is $18,540. She is single and has one withholding...
-
The company sold merchandise to a customer on March 31, 2020, for $100,000. The customer paid with a promissory note that has a term of 18 months and an annual interest rate of 9%. The companys...
-
imer 2 0 2 4 Question 8 , PF 8 - 3 5 A ( similar to ) HW Score: 0 % , 0 of 1 0 0 points lework CH 8 Part 1 of 6 Points: 0 of 1 5 Save The comparative financial statements of Highland Cosmetic Supply...
Study smarter with the SolutionInn App