Question
You are an investor and invest 1,000 shares at $83 per share. We know the dividend is going to be distributed at $3.15 per share
You are an investor and invest 1,000 shares at $83 per share. We know the dividend is going to be distributed at $3.15 per share next year, calculate the following: Should you sell all your shares at $97 per share at the end of year?
a. What is the total dollar value of the initial investment?
b. What is the capital gain from the investment?
c. What is the total dollar gain from the investment?
d. What is your percentage return from the investment?
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
