Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Michael purchased 100 shares of Disney for $133.41per share one year ago. Today,he sold his shares for $145 per share and received a dividend of$1.76
Michael purchased 100 shares of Disney for $133.41per share one year ago. Today,he sold his shares for $145 per share and received a dividend of$1.76 per share.
- Calculate the total dollar gain on this investment.
- Calculate the total return percentageon this investment.(Enter percentages as decimals and round to 4 decimals)
- Calculate the dividend yield on this investment.(Enter percentages as decimals and round to 4 decimals)
- Calculate the dollar capital gain on this investment.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started