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chapter 14 personal finance 1, 3 and 12 1. Calculating Dividend Amounts. Betty and John Martinez own 180 shares of McDonald's common stock. McDonald's LO
chapter 14 personal finance 1, 3 and 12
1. Calculating Dividend Amounts. Betty and John Martinez own 180 shares of McDonald's common stock. McDonald's LO annual dividend is $4.04 per share. What is the amount of the dividend check the Martinez couple will receive for this year? 2. Determining the Number of shares after a Stod Split. In March, stockholders of Herbalife Nutrition approved a 2-for-1 stock L01 split. After the split, how many shares of Herbalife stock will an investor have if she or he owned 160 shares before the split? 3. Calculating Total Return. Tammy Jackson purchased 100 shares of All-American Manufacturing Company stock at $31.50 a share. One year later, she sold the stock for $38 a share. She paid her broker a $15 commission when she purchased the stock and a 529 commission when she sold it. During the 12 months she owned the stock, she received $160 individends. Calculate Tammy's total return on this investment, LOT L014.5 12. Using Dollar Cost Averaging. For four years, Mary Thomas invested $4.000 each year in America Bank stock. The stock was selling for $34 in 2015, for $48 in 2016, for $37 in 2017 and for $52 in 2018, What is Mary's total investment in America Bank? b. After four years, how many shares does Mary own? c. What is the average cost per share of Mary's investment Step by Step Solution
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