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MB pays a quarterly dividend of $4/share. You decide to reinvest the dividend. You started with 100 shares of IBM on January 1 and
MB pays a quarterly dividend of $4/share. You decide to reinvest the dividend. You started with 100 shares of IBM on January 1 and you paid $200/share. The dividend reinvestments took place on 3/31, 6/30, 9/30, and 12/31. The stock prices on those dates were $210, $190, $195, and $200 respectively. A) What is the value in $s and B) % return of your position on 12/31?
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A Value of your position on 1231 Initial investment 100 shares 200share 20000 Divid...
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Taxation Of Individuals And Business Entities 2016
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
7th Edition
9781259425479, 125942121x, 1259334872, 1259425479, 9781259421211, 978-1259334870
