Question
Daniel Winkler sold some stock on December 7 for$22.75 per share. The stock paid him$0.35 per share in cash dividends on October 1. He does
Daniel Winkler sold some stock on December 7 for$22.75 per share. The stock paid him$0.35 per share in cash dividends on October 1. He does not remember what he paid for thestock, but his investment advisor said he bought the stock on September 11 and had a50% realized APY. What did he pay for thestock? (to the nearestpenny)
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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
