Question
1 a) One year ago, you bought a share for $7.60. Unfortunately, the share did not pay you any dividends during that year. The share
1
a)One year ago, you bought a share for $7.60. Unfortunately, the share did not pay you any dividends during that year. The share price is now $12.73. What is the return you received on this share? (as a percentage to the nearest two decimal points. don't use % sign. eg 2.881% is 2.88)
b)An ABC Ltd share was selling for $8.01 two years ago. The share sold for $15.63 one year ago, and it is currently selling for $26.76. ABC Ltd pays a $0.76 dividend each year-end. What was the rate of return for owning ABC shares in the most recent year? (In percentages to two decimal places eg 2.881% is 2.88; don't use % sign)
c)Jill purchased a share one year ago for $13.39. The share is now worth $14.43, and the total return to Jill for owning the share was 28.7 per cent. The dollar amount of dividends that she received for owning the share during the year is (expressed in dollars to the nearest cent; don't use $sign or commas eg 50 cents is 0.50)
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