FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock was purchased for Ghc40 per share and sold for Ghc50 per share one year later. In the course of the year the company

  1. A stock was purchased for Ghc40 per share and sold for Ghc50 per share one year later. In the course of the year the company paid a dividend of Ghc2 per share.
  1. Calculate the return on the investment
  2. Calculate the dividend yield on the investment
  3. Calculate the capital gains yield on the investment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

Principles Of Banking

Principles Of Banking

Authors: Allyn C Buzzel

11th Edition

089982689X, 9780899826899

More Books

Students also viewed these Finance questions

Question

★★★★★
Foster Corporation issued three-year bonds with a $180,000 face value on March 1, 2011, in order to pay for a new computer system. The bonds mature on March 1, 2014, with interest payable on March 1...

Answered: 1 week ago

Question

★★★★★
4. Choose two principles given by Needham and Abadi for designing cryptographic protocols. For each, give an example where their principle applies and results in an improved protocol.

Answered: 1 week ago

Question

★★★★★
Determine the rejection region for a chi-squared test of independence for a 2 4 contingency table when ???? = 0.05.

Answered: 1 week ago

Question

★★★★★
Main Street Service Co. has achieved fast growth in the St. Louis area by selling service contracts on large appliances, such as washers, dryers, and refrigerators. For a fee, Main Street agrees to...

Answered: 1 week ago

Question

★★★★★
Beginning in 2014 several European central banks cut key interest rates below 0%. Should the U.S. Federal Reserve do the same?

Answered: 1 week ago

Question

★★★★★
You ran a regression of the excess returns on Microsoft's stock on the excess return on the market and the following factors: SMB, HML, UMD. Below is the outcome of your regression: alpha =1.3%, beta...

Answered: 1 week ago

Question

★★★★★
11. [p. 15] What is the equation preload and bolt size? used to calculate required Calculate fastener the tightening torques for the 20 fastener, a grade 8, -20 fastener and a grade 8, 14-28 faster...

Answered: 1 week ago

Question

★★★★★
Comfort with public disagreement is a big source of conflict on cross-cultural teams. Members from cultures that place a high value on "face" and group harmony may be averse to confrontation because...

Answered: 1 week ago

Question

★★★★★
Barilla Case: Which of the following contributed significantly to the weekly order fluctuation Barilla was experiencing? (Choose all that apply) Group of answer choices Lack of trust (history of...

Answered: 1 week ago

Question

★★★★★
7- Figure P6-28 shows a quick-return mechanism with dimensions. Calculate the velocities of points A, B, and C and the velocity of slip for the position shown. 2 = 10 rad/s CCW. L2-1.00 in L4 4.76...

Answered: 1 week ago

Question

★★★★★
Slugworth Candies, LLC, candy-making company that employs around 390 people. The company is composed of seven departments: Executive Staff (40), Human Relations (5), Finance and Accounting (10),...

Answered: 1 week ago

Question

★★★★★
=+out the possible impacts on HR from such a move for the next city council meeting. What sorts of issue will you include in your briefing?

Answered: 1 week ago

Question

★★★★★
=+4. What might explain any differences that you identify?

Answered: 1 week ago

Question

★★★★★
=+2. Is there a strong collective bargaining culture in evidence?

Answered: 1 week ago

Previous Question Next Question