Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You bought a stock one yeor ago for $4888 per share and sold at today for $59.31 per share. It paid a $1.31 per share

image text in transcribed
image text in transcribed
You bought a stock one yeor ago for $4888 per share and sold at today for $59.31 per share. It paid a $1.31 per share dividend today. How much of the retum came from dividend yieid and how much came from captal gain? The return that came from ovidend yeid is is. (Round to one decimal place.) You have just purchased a share of stock for $1826. The company is expectod to pay a dividend of $0.68 per share in exacty one yeac. If you want to. oarn a-10.6\% retum on your investment. what price do you need if you eppect to sell the share imnediately after it pays the dividend? The price one year from now should be s (Round to the neareat oont)

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_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

Why are many developers reluctant to redevelop brown field areas?

Answered: 1 week ago

Question

Q.No.1 Explain Large scale map ? Q.No.2 Explain small scale map ?

Answered: 1 week ago