Question
An investor pays $63.00 per share for stock in a given REIT. The REIT declares a dividend of $4.00 per share and has an EPS
An investor pays $63.00 per share for stock in a given REIT. The REIT declares a dividend of $4.00 per share and has an EPS of $2.37. Considering the recovery of capital (ROC), what is the new cost basis of the stock acquired by the investor?
Question 25 options:
|
| $60.63 |
|
| $61.37 |
|
| $63.00 |
|
| $64.63 |
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Money Talks Black Finance Experts Talk To You About Money
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1st Edition
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