Question
One year ago, Mr. Cohen invested $10,400 in 200 shares of first Industries, Inc., stock and just received a divided of $600. Today he sold
One year ago, Mr. Cohen invested $10,400 in 200 shares of first Industries, Inc., stock and just received a divided of $600. Today he sold the 200 shares at $54.25 per share.a) What was his capital gain in percentage?b) What was the stocks dividend yield in percentage?c) What was his total rate of return in percentage?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
