Question
Spencer paid $66 to purchase XYZ on 7/2015. XYZ pays $0.64 dividend in March, June, September and December. On 11/2016, he decides to sell XYZ,
Spencer paid $66 to purchase XYZ on 7/2015. XYZ pays $0.64 dividend in March, June, September and December. On 11/2016, he decides to sell XYZ, when the price dropped by 4%. Calculate the profit/loss he made from XYZ investment. If loss, enter a negative number.
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AI In The Financial Markets
Authors: Federico Cecconi
1st Edition
3031265173, 978-3031265174
