[Solved] You bought a stock one year ago for$51.73

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

You bought a stock one year ago for$51.73per share and sold it today for $58.77per share. It paid a $1.13per share dividend today. What was

You bought a stock one year ago for$51.73per share and sold it today for $58.77per share. It paid a $1.13per share dividend today. What was your realized return?

The realized return was __%.

(Round to one decimal place.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Weathering The Storm A Quick Guide To Safeguarding Your Finances During Economic Recession

Authors: Liam Wilhelm

1st Edition

ISBN: 979-8864393628

More Books

Students also viewed these Finance questions

Question

★★★★★

What role does the audit committee have in making judgments about auditor independence?

Answered: 1 week ago

Question

★★★★★

3. Do you tend to talk a lot in groups? If so, what signals tell you that you need to step back and let others talk?

Answered: 1 week ago

Question

★★★★★

2 Consider how unemployment arises from the process of job search

Answered: 1 week ago

Question

★★★★★

Hombolt Industries, Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year: Feb. 6. Acquired 500 shares of...

Answered: 1 week ago

Question

★★★★★

Individual insurance companies usually do not provide insurance products for natural disasters (e.g., flood, earthquake, wildfire). (1). Could you please explain the rationale behind this missing...

Answered: 1 week ago

Question

★★★★★

4 3 6 . A user reports that the pages flash on the screen two or three times before finally stayingopen when attempting to access banking web pages. Which of the following troubleshooting steps...

Answered: 1 week ago

Question

★★★★★

8.1 Riphean plc and Silurian plc are two businesses operating in different industries. They are both financed by a mixture of ordinary share and loan capital and both are seeking to derive the cost...

Answered: 1 week ago

Question

★★★★★

At the end of 2016, Novak Corp. has accounts receivable of $767,100 and an allowance for doubtful accounts of $23,810. On January 24, 2017, it is learned that the company's receivable from Madonna...

Answered: 1 week ago

Question

★★★★★

At the end of 2021, Splish Brothers Inc. has accounts receivable of $802,700 and an allowance for doubtful accounts of $34,200. On January 24, 2022, it is learned that the company's receivable from...

Answered: 1 week ago

Question

★★★★★

Question 2 Record the following transactions on the books of Sheridan Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent...

Answered: 1 week ago

Question

★★★★★

At the end of 2021, Metlock Co. has accounts receivable of $718,400 and an allowance for doubtful accounts of $22,800. On January 24, 2022, it is learned that the company's receivable from Madonna...

Answered: 1 week ago

Question

★★★★★

4. In 2013, it was estimated that the total value of all corn-production subsidies in the United States totaled about $4.8 billion. The population of the United States was approximately 315 million...

Answered: 1 week ago

Question

★★★★★

LO23.1 Explain how income inequality in the United States is measured and described.

Answered: 1 week ago

Question

★★★★★

5. Which of the following are elements of current U.S. farm policy? LO22.5 a. Farmers are free to choose how much to plant of any particular crop. b. Direct payments. c. Price supports. d....

Answered: 1 week ago

Previous Question Next Question