Module $7-$ Corporate Stocks $/$ Corporate and Government Bonds

For calculations in questions $1$ a through $2b,$ use $$0\mathrm{.}20$ a share for commissions and $$0\mathrm{.}125$ for the odd$-$

lot differential. Round all percents to the hundredths place value.

Joseph Allen purchased $3,000$ shares of PepsiCo common stock at $$85\mathrm{.}90$ and $150$ shares of preferred

stock at $$105\mathrm{.}00.$

$1$a$.)$ What was the total cost of the purchase of common stock?

$1$b$.)$ What was the total cost of the purchase of preferred stock?

Two months later, Joseph sold his $3,000$ shares of PepsiCo stock at $$87\mathrm{.}00$ and his $150$ shares of

preferred stock at $$83\mathrm{.}00.$

$2$a$.)$ What were the proceeds of the sale of common stock?

$2$b$.)$ What were the proceeds of the sale of preferred stock?

$2$c$.)$ How much did Joseph gain or lose on the purchase and sale of all of his PepsiCo stock?

Find the amount of the dividend per share and the rate of yield per share for each of the following

preferred stocks. The cost per share includes all commissions.

Cost per share $$42,$ dividend declared $$3\mathrm{.}10$

$3$a$.)$ Amount of dividend

$3$b$.)$ Rate of yield

Cost per share $$90,$ dividend declared $$2\mathrm{.}25$

$4$a$.)$ Amount of dividend

$4$b$.)$ Rate of yield