FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Six months ago, you purchased 2100 shares of ABC stock for $40.31 a share. You have received dividend payments equal to $0.60 a share. Today,

image text in transcribed

Six months ago, you purchased 2100 shares of ABC stock for $40.31 a share. You have received dividend payments equal to $0.60 a share. Today, you sold all of your shares for $42.30 a share. What is your total dollar return on this investment? $6, 965 $4179 $5, 439 $10, 878 $1, 260

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Machine Learning In Finance From Theory To Practice

Machine Learning In Finance From Theory To Practice

Authors: Matthew F Dixon, Igor Halperin, Paul Bilokon

1st Edition

3030410676, 978-3030410674

More Books

Students also viewed these Finance questions

Question

★★★★★
A rod of weight W and uniform cross section is bent into the circular arc of radius r shown. Determine the bending moment at point J when = 120. B

Answered: 1 week ago

Question

★★★★★
Indicate whether each of the following statements is true or false. If false, indicate how to correct the statement. a. Only deposits can be made at an ATM. b. The routing number is a 9-digit number...

Answered: 1 week ago

Question

★★★★★
8.68 Generation Next Born between 1980 and 1990, Generation Next is engaged with technology, and the vast majority is dependent upon it.20 Suppose that in a survey of 500 female and 500 male students...

Answered: 1 week ago

Question

★★★★★
1. What does an equipment trust certificate imply? 2. What is the cost of each bond if it is priced to yield 8 percent? 3. How much will have to be invested in the zero coupon bond to meet the...

Answered: 1 week ago

Question

★★★★★
Part (B): (20 Marks) King Supply makes four different types of plumbing fixtures: W, X, Y and Z. The contribution margins for these products are: $70 for Product W, $60 for Product X $90 for Product...

Answered: 1 week ago

Question

★★★★★
1. What implicit assumption is made when neither the time value of money nor other operational factors such as mine and plant capacities are considered as part of the open pit mine planning process?...

Answered: 1 week ago

Question

★★★★★
All-A-Buzz makes three products from a joint production process using honey. Joint cost for the process for the year is $246,400. Per Unit Incremental Units of Selling Price Processing Final Sales...

Answered: 1 week ago

Question

★★★★★
You are the dealer in one of the reputable banks and one of your roles is related to trading and monitoring of changes in the derivative markets. You are interested in one stock for Bally...

Answered: 1 week ago

Question

★★★★★
Problem 5: Find an expression, in terms of the principal stresses , 2, and 3, for the magnitude 7 of the traction vector on an octahedral plane, that is, a plane whose normal makes equal angels with...

Answered: 1 week ago

Question

★★★★★
PART III Average rate of change of exponential functions near zero. (5) 1. Given f(x) = 2*, find the average rate of change of f(x) from x = 0 to x = 0.1, so that Ax = 0.1. Recall that the average...

Answered: 1 week ago

Question

★★★★★
Given the following cash flows of a project, Cash flow Year 0 -$100,000 Year 1 $50,000 Year 3 -$20,000 Year 5 $80,000 a) What is the NPV? List formula and input numbers, no calculation needed b) What...

Answered: 1 week ago

Question

★★★★★
Identify ways that country culture influences global business.

Answered: 1 week ago

Question

★★★★★
Define human resource ethics.

Answered: 1 week ago

Question

★★★★★
Describe the human resource management profession.

Answered: 1 week ago

Previous Question Next Question