Question $2$ Case Study

Ms$.$ Nova Williams purchased $5000$ shares of BlackRock Ltd$,$ at $$200$ per share on $5$th July $2010.$ On $4$th September $2010,$ BlackRock Ltd declares a dividend of $$10$ per share. Ms$.$ Williams sells all the shares on $5$th November $2010$ at $$192$ per share. The shares are traded on a recognized stock exchange.

Required:

a$.$ What are the benefits to investors and companies for trading on a recognized stock exchange? $(10$ marks$)$

b$.$ List and explain two macro$-$economic factors which can affect share prices? $(5$ marks$)$

c$.$ Calculate the total dividend payment paid to the shareholders of Black Rock Limited $(3$ marks$)$

d$.$ What is the profit or loss on the sale of the shares on November $5,2010?(2$ marks$)$

$($Total $20$ marks$)$