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Sid bought shares in an office supply company for $50 a share in October 2016. The shares paid semi-annual dividends of $12 per share
Sid bought shares in an office supply company for $50 a share in October 2016. The shares paid semi-annual dividends of $12 per share and he sold the shares for $65 each in April 2017. Find: a) Income Amount b) Income Yield c) Capital Gain Yield c) Rate of Return on the Investment Round your final answers to two decimals, if needed. Page 10 of 16
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Ans Duration from october 2016 to april 2017 is six months ...
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
16th edition
133439275, 133439274, 9780133819014 , 978-0133439274
