Question
A.FedEx Corp. stock ended the previous year at $124.99 per share. It paid a $1.90 per share dividend last year. It ended last year at
A.FedEx Corp. stock ended the previous year at $124.99 per share. It paid a $1.90 per share dividend last year. It ended last year at $128.29. If you owned 480 shares of FedEx, what was your dollar return and percent return? (Round "Percent return" to 2 decimal places.)
dollar return =..........
percent dollar=..........
b.
A corporate bond that you own at the beginning of the year is worth $895. During the year, it pays $49 in interest payments and ends the year valued at $885.
What was your dollar return and percent return? (Round "Percent return" to 2 decimal places.)
dollar return =..........
percent dollar=..........
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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