Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

A stock has an initial price of $75 per share. It pays a dividend of $1.25 per share during the year. It's price at the

image text in transcribed

A stock has an initial price of $75 per share. It pays a dividend of $1.25 per share during the year. It's price at the end of the year is $86. Compute the percentage total return. O 1.67% O 16.33% O 14.67% 0 14.24% O 12.79%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding The Finance Of Welfare

Authors: Howard Glennerster

2nd Edition

1847421091, 978-1847421098

More Books

Students also viewed these Finance questions

Question

★★★★★

The Bureau of Labor Statistics announced that in April 2010, of all adult Americans, 139,455,000 were employed, 15,260,000 were unemployed, and 82,614,000 were not in the labor force. Use this...

Answered: 1 week ago

Question

★★★★★

On January 1, 2017, Procise Corporation acquired 100 percent of the outstanding voting stock of GaugeRite Corporation for $1,980,000 cash. On the acquisition date, GaugeRite had the following balance...

Answered: 1 week ago

Question

★★★★★

Agreeableness, gender, and wages. Do agreeable individuals get paid less, on average, than those who are less agreeable on the job? And is this gap greater for males than for females? These questions...

Answered: 1 week ago

Question

★★★★★

a. Knick Company budgets sales of $ 2,750,000, fixed costs of $ 600,000, and variable costs of $ 1,760,000. What is the contribution margin ratio for Knick Company? b. If the contribution margin...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Answer the following question regarding bonds: A bond with a $1,000 face value has a 6% annual coupon rate. The bond matures in 14 years. The current YTM on the bond is 3.6%. If you were to buy this...

Answered: 1 week ago

Question

★★★★★

The Seneca Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor: (Click the icon to view the standards.) The...

Answered: 1 week ago

Question

★★★★★

Old Troy Road 1/2 |- 80% + Marlboro Shaker ======= Road 1400 To RL 124 1600 1700 N.H. DIVISION OF PARKS & RECREATION DEPT. OF RESOURCES & ECONOMIC DEVELOPMENT D MONADNOCK STATE PARK P.O. Box 181,...

Answered: 1 week ago

Question

★★★★★

Required information Exercise 12-12 (Algo) Indirect: Preparing statement of cash flows LO P2, P3, A1 [The following information applies to the questions displayed below] The following financial...

Answered: 1 week ago

Question

★★★★★

Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various Information about the proposed investment follows: (Future...

Answered: 1 week ago

Question

★★★★★

The field of advertising is notorious for logical errors. While the conclusion reached in an advertisement may be true, the logic used to reach that conclusion may be based on an invalid argument....

Answered: 1 week ago

Question

★★★★★

Analyse three generic sources of tensions are identified in the management of global work-life issues.

Answered: 1 week ago

Question

★★★★★

Discuss SOFMANs response to the changing external environment since 2009/10. Examine the key factors underlying SOFMANs strategic choices and critically evaluate the internationalisation strategy.

Answered: 1 week ago

Question

★★★★★

Is it clear what happens if an employee violates the policy?

Answered: 1 week ago

Previous Question Next Question