Question
Suppose you have a total return of 8 percent on the 500 shares of XYZ Company that you bought for $9,590 last year. XYZ paid
Suppose you have a total return of 8 percent on the 500 shares of XYZ Company that you bought for $9,590 last year. XYZ paid four equal quarterly dividends during the year. What would be the quarterly dividend if the current stock price is $18.64 per share?
What would be the quarterly dividend if the current stock price is $18.64 per share?
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
