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You purchased 1000 shares of WMT stock on November 16, 2021 for $141.94. You sold the 1000 shares November 17, 2022 for $148. Wal-Mart had
You purchased 1000 shares of WMT stock on November 16, 2021 for $141.94. You sold the 1000 shares November 17, 2022 for $148. Wal-Mart had a 1.51% dividend yield on cost when you invested in the stock. Assume this is dividend was paid to you before you sold the stock. Hint: I gave your dividend yield for a reason.
- Calculate the dollar return and percentage return on the sale of the stock only. (4 points)
- Calculate the total dividend paid and percent return on the dividend. (4 points)
- Calculate your total profit or loss and percent return of the investment (2 points)
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