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15) Latisha invested $2,000 in XYZ stock. Two years later she sold the stock for $2.500. During the time she owned the stock, she received

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15) Latisha invested $2,000 in XYZ stock. Two years later she sold the stock for $2.500. During the time she owned the stock, she received a total of S180 in dividends. What was her total return on this investment? 16) Louis purchased $5,000 worth of stock three years ago and sold it today for $8,000. He received no dividends from this investment. Inflation averaged 1% during the three years he owned the stock. What was his annualized real rate of return on this investment? 17) The firm will pay an annual dividend this year of $3 per share. The current market price of the stock is $40.00 per share. The book value of this stock is $24.00 per share. The carnings per r this firm is $5.75. What is the current dividend yield of this stock? 18) You purchased 100 shares of Quantex at $150 per share for a total investment of $15,00o. After your purchase the stock had a 3 for I split. How many shares do you now own and how much is your original investment now worth? A) 100 shares and S150 dollars B) 300 shares and $15,000 dollars C) 100 shares and $45,000 dollars D) 300 shares and $45,000 dollars 19) ComChip is a computer chip manufacturer. Its stock is selling at $50 per share and earnings are $2 per share. What is the stock's P/E ratio? A) 50.00 B) 45.80 C) 25.00 D) 27.78 E) 22.50

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