[Solved] Need answer ASAP please! You bought a sto

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 16, 2024

Need answer ASAP please! You bought a stock one year ago for $51.34 per share and sold it today for $57.68 per share. It paid

Need answer ASAP please!

You bought a stock one year ago for $51.34 per share and sold it today for $57.68 per share. It paid a $1.61 per share dividend today.

a. What was your realizedreturn?

b. How much of the return came from dividend yield and how much came from capitalgain?

The realized return was what %? (Round to two decimal places.)

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

Recommended Textbook for

Financial Accounting An International Introduction

Authors: David Alexander, Christopher Nobes

3rd Edition

ISBN: 273709268, 273709267, 978-0273709268

More Books

Students also viewed these Accounting questions

Question

★★★★★

Accounts and Notes Receivable Tweety Inc. sold merchandise for $6,000 to P.D. Cat on July 31, 2010, with payment due in 30 days. Subsequent to this, Cat experienced cash flow problems and was unable...

Answered: 1 week ago

Question

★★★★★

Explain the difference between a criminal and a strict liability offense.

Answered: 1 week ago

Question

★★★★★

2. Share some stories from your own life as examples of excitement about a subject, making mistakes (and learning from them), and persistence and overcoming difficulties.

Answered: 1 week ago

Question

★★★★★

Fishing Charter, Inc. estimates that it invests 30 cents in assets for each dollar of new sales. However, 5 cents in profits are produced by each dollar of additional sales, of which 1 cent can be...

Answered: 1 week ago

Question

★★★★★

America Connect offers Internet, phone, and television services to customers in Wyoming. (Click the icon to view additional information.) The following information is available for the forthcoming...

Answered: 1 week ago

Question

★★★★★

Kathryn Marley owns and operates the largest Mercedes- Benz auto dealership in Pittsburgh. In the past 36 months, her sales have ranged from a low of 6 new cars to a high of 12 new cars, as reflected...

Answered: 1 week ago

Question

★★★★★

Instructions Chart of Accounts General Journal Schedule to Calculate the Inventory Instructions Peter Park Company began operations in early 2019 At December 31, 2019, the company's ending inventory...

Answered: 1 week ago

Question

★★★★★

Question 3 The temperature in C over a flat surface is described by the function T(x, y) = xy+ 2x + y. (a) Determine all local stationary points of the temperature function and classify them....

Answered: 1 week ago

Question

★★★★★

Use Simpson's Rule with n = 10 to estimate the arc length of the curve. (Round your answer to four decimal places.) y = ex 0 x 6 Find the answer produced by a calculator or computer to compare with...

Answered: 1 week ago

Question

★★★★★

RC Ice Cream produces three products and allocates overhead cost using a plantwide rate of $2 per direct labor hour. Strawberry and Vanilla uses the facilities of Dept SV while Chocolate uses Dept C....

Answered: 1 week ago

Question

★★★★★

What are the equivalent units of production for materials? - What are the equivalent units of production for labor and overhead? - What is the total material unit cost? - What is the total conversion...

Answered: 1 week ago

Question

★★★★★

Case Study: Property Purchase Strategy Glenn Foreman, president of Oceanview Development Corporation, is considering submitting a bid to purchase property that will be sold by sealed bid at a county...

Answered: 1 week ago

Question

★★★★★

Environmental Protection Agency (EPA) fuel economy estimates for automobile models tested recently predicted a mean of 24.82 mpg and a standard deviation of 6.19 mpg for highway driving. Assume that...

Answered: 1 week ago

Question

★★★★★

9. Discuss the statement: If the actors mainly act on the basis of a view of human-ity as driven by self-interest, and incorporate this idea into their models, they may end up with their premises...

Answered: 1 week ago

Question

★★★★★

5. What does it mean when we say the evaluation comes before the presenta-tion?.

Answered: 1 week ago

Question

★★★★★

1. Discuss the following statements: a) Predetermined is not the same thing as predictable. b) When we are aware of the consequences of our behaviour, we can change our behaviour. c) What we know is...

Answered: 1 week ago

Previous Question Next Question