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Day 19 Problems 1. On January 1, 2017, Tina bought 1 share of Bird &Company's common stock and paid $15.00 for the stock. Over the
Day 19 Problems 1. On January 1, 2017, Tina bought 1 share of Bird &Company's common stock and paid $15.00 for the stock. Over the next 12 months, Tina received $1.95 in dividends. On December 31, 2017, the market price of the stock was $15.60. What was Tina's total dollar return and total percentage return on her investment in 2017? 2. On January 1, 2017, Stuart bought 100 shares of Garnett & Company's common stock and paid $16.00 per share for the stock. Over the next 12 months, Stuart received $80.00 in total dividends. On December 31, 2017, the market price of the stock was $16.20 per share. What was Stuart's income yield and capital gain's yield on his investment in 2017? 3. Anna is thinking of buying 100 shares of Russell & Company's common stock. The stock is selling for $20.00 per share and pays annual dividends of $1.24 per share. If Anna would like to earn a total return of 9.00% on her investment over the next 12 months, what would the market price of Russell's stock price need to be for Anna to attain her total return goal? 4. On January 1, 2017, Phil bought 10 bonds that were issued by McHale & Company's and paid $1,005.00 per bond. Over the next 12 months, Phil received $800.00 in total interest. On December 31, 2017, the market price was $996.00 per bond. What was Phil's income yield and capital gain's yield on his investment in 2017? What was Phil's total dollar return and total percentage return on his investment in 2017 5. On January 1, 2017, Nancy bought 100 shares of Johnson & Company's common stock and paid $12.00 per share for the stockOver the next 12 months, Nancy received $60.00 in total dividends. On December 31, 2017, the market price of the stock was 10.26 per share. What was N income yield, capital gain's yield and total percentage return on her investment in 20172 ancy's words: of 330 L9 F4 FS F6 F7 F8 F9 F10
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