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

Question

1 Approved Answer

You bought a share of stock at $40.00 one year ago. You received an annual dividend of $0.78 per share. The stock price today is

You bought a share of stock at $40.00 one year ago. You received an annual dividend of $0.78 per share. The stock price today is $48.62 a share. What is your total percentage return on this stock investment if you sell it today?(Round answers to two decimals without %, for example, for answer 0.43%, enter 0.43 only

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

Essentials Of Managerial Finance

Essentials Of Managerial Finance

Authors: Scott Besley, Eugene F. Brigham

12th Edition

0030258723, 9780030258725

More Books

Students also viewed these Finance questions

Question

★★★★★
Heritage Hills (a land development firm) was organized on July 2, 1975, as a limited partnership, but the partnership agreement was never properly filed. Heritage Hills went bankrupt, and the...

Answered: 1 week ago

Question

★★★★★
An electron in two different states of an atom is known to have j = 3/2 and 1/2. What is its orbital angular momentum quantum number in each case?

Answered: 1 week ago

Question

★★★★★
Discuss Platos methodology. Include a statement about Platos theory of forms and explain the meaning of his metaphor eye of the soul.

Answered: 1 week ago

Question

★★★★★
Francis Company has 24,000 shares of common stock outstanding at the beginning of 2013. Francis issued 3,000 additional shares on May 1 and 2,000 additional shares on September 30. It also has two...

Answered: 1 week ago

Question

★★★★★
Table #1 GameID GameName CharacterID GameCharacter CharacterPlayable 1 Sonic The Hedgehog 26, 27 Sonic, Robotonik Y, N 2 Super Mario Brothers 3 28, 29, 30, 31 Mario, Luigi, Bowser, Peach Y, Y, N, N 3...

Answered: 1 week ago

Question

★★★★★
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts...

Answered: 1 week ago

Question

★★★★★
The projectile of the .22LR cartridge fits a barrel with a nominal _________________-inch diameter bore, while the .223/5.56 is designed for a bore with the nominal diameter of .224

Answered: 1 week ago

Question

★★★★★
Greenfield Valley is a fertile agricultural region known for its high-quality crop production. However, the area has been facing significant soil erosion issues due to a combination of factors,...

Answered: 1 week ago

Question

★★★★★
Even though your authority is limited and there is little you can do right now to alter the physical environment, what can you do to improve safety?

Answered: 1 week ago

Question

★★★★★
Julio is a teller at the bank. He will be given the opportunity to work with new customers at the business development desk every Friday. Which job enrichment approach is Julio involved in? Job...

Answered: 1 week ago

Question

★★★★★
coefficients A variable n(t) is described by a first-order linear differential equation with constant dn(t) T +n(t) = n dt where 7 and no are constants. Let n(0) = no. a) Fort > 0, determine an...

Answered: 1 week ago

Question

★★★★★
4 What does a competency- based approach to training and development entail?

Answered: 1 week ago

Question

★★★★★
6 Compare and contrast mentoring and coaching.

Answered: 1 week ago

Question

★★★★★
1 Coaching can be very effective as a form of individual development. What should companies do to ensure that the learning that occurs is helpful for the group and organisation as a whole? During the...

Answered: 1 week ago

Previous Question Next Question