Dollar return Exactly three and a half years ago, you began your portfolio using $10,000 given to
Question:
Dollar return Exactly three and a half years ago, you began your portfolio using $10,000 given to you by your grandfather. You bought 40 shares of Stock A, which was selling at $83.00. You also bought 500 shares of Stock B, selling at $3.72. The rest of your portfolio was spent on Stock C, which was currently selling at $4.00. Throughout the period, Stock A paid a $.15 dividend per share each quarter, while Stock B paid a quarterly dividend of $.20. Stock C paid no dividends. Today, the market values are $78.50, $4.51, and $3.95 for Stocks A, B, and C, respectively. What was your dollar return on your portfolio?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
Question Posted: