Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

At the beginning of the year you bought 3 8 0 shares of Sweet L t d . at $ 9 5 each. During the

At the beginning of the year you bought 380 shares of Sweet Ltd. at $95 each. During the year you received dividends of $988. At the end of the year the stock is trading for $98 and you decide to sell all your shares.
Calculate your capital gain, total dollar return, and percentage return. (Round percentage return to 2 decimal places, e.g.15.25%. Enter loss using either a negative sign preceding the number e.g.-2,945 or parentheses e.g.(2,945).)
Capital gain/(loss)
Total dollar return
Percentage return
%
Attempts: 0 of 3 used
Using multiple attempts will impact your score.
25% score reduction after attempt 1
image text in transcribed

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

Step: 3

blur-text-image

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

Technology And Finance Challenges For Financial Markets Business Strategies And Policy Makers

Authors: Morten Balling, Frank Lierman, Andy Mullineux

1st Edition

041529827X, 978-0415298278

More Books

Students also viewed these Finance questions

Question

???? Explain the main remaining disputes

Answered: 1 week ago

Question

To find integral of sin(logx) .

Answered: 1 week ago