FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Eight months ago, you purchased 400 shares of Winston stock at a price of $46.40 a share. The company pays quarterly dividends of $1.05 a

image text in transcribed
Eight months ago, you purchased 400 shares of Winston stock at a price of $46.40 a share. The company pays quarterly dividends of $1.05 a share. Today, you sold all your shares for $48.30 a share. What is your total percentage return on this investment? Multiple Choice 10.12 percent 4.09 percent 8.62 percent 12.08 percent 734 percent

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

The China Model Experience And Challenges

The China Model Experience And Challenges

Authors: Yongnian Zheng

1st Edition

1433172003, 1433190214, 9781433190216

More Books

Students also viewed these Finance questions

Question

★★★★★
Given the results from Problem 11.34, a. At the 0.05 level of significance, is there an effect due to factor A? b. At the 0.05 level of significance, is there an effect due to factor B? c. At the...

Answered: 1 week ago

Question

★★★★★
During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as follows Jan. 6 Purchased goods for $1,900 from Green with terms 3/12,...

Answered: 1 week ago

Question

★★★★★
=+b. How did exports to China change from 2002 to 2012? Construct a table to show the change in the value of exports from 2002 to 2012 for each state. Follow the steps below to edit your graph and...

Answered: 1 week ago

Question

★★★★★
In the town of Oz, there are two types of tennis players: wizards and imps. Wizards and imps do not socialize, so it would be impossible to start a tennis club that both types would join. Imps have...

Answered: 1 week ago

Question

★★★★★
Eight months ago, you purchased 400 shares of Winston stock at a price of $46.40 a share. The company pays quarterly dividends of $1.05 a share. Today, you sold all your shares for $48.30 a share....

Answered: 1 week ago

Question

★★★★★
Hallick Incorporated has a fiscal year ending June 30. Taxable income is $5,700,000 for its year ended June 30, 2018, and it projects similar taxable income for its 2019 fiscal year. Use 2017 tax...

Answered: 1 week ago

Question

★★★★★
One strategy for overcoming external barriers to goal achievement is to ______. Multiple choice question. avoid setting goals and focus on weekly and daily task planning instead write goals and then...

Answered: 1 week ago

Question

★★★★★
A. It is reasonable to model the shape of the earthworm as a solid cylinder. Using the dimensions of a typical earthworm above, calculate its surface area (ignore the surface areas of the blunt ends...

Answered: 1 week ago

Question

★★★★★
Lena's Interview: Transcript I felt really good preparing for the interview. I'd submitted the required application, with rsum, cover letter, and reference list, and I also sent a link to my website,...

Answered: 1 week ago

Question

★★★★★
Computing Materials and Labor Variances In March, assume that General Mills Inc. purchased milk to use in the production of Yoplait yogurt. During March, General Mills manufactured 4,500 containers...

Answered: 1 week ago

Question

★★★★★
Additional Algo 18-4 Weighted Shortest Processing Time A small manufacturer currently has five jobs waiting to be processed. Processing times and importance weights (higher weight implies higher...

Answered: 1 week ago

Previous Question Next Question