Question 28 (1 point) One year ago, Jason purchased 100 shares of Terry Corporation stock at...

Question

Question

business finance

Answer 1

Answer #1

Solution:

The formula for calculating the total percentage return on investment is

= [ ( Sale price per share – Purchase Price + Dividend ) / Purchase Price ] * 100

As per the information given in the question we have

Purchase price of share = $ 29

Sale price of share = $ 32

Dividend per share = $ 2

Applying the above values in the formula we have

= ( $ 32 - $ 29 + $ 2 ) / $ 29

= 5 / 29 = 0.1724

The total percentage return on this investment = 0.1724

Answer 2

Similar Homework Help Questions

D View hint for Question 27 Question 28 (1 point) A firm has a beta of...

D View hint for Question 27 Question 28 (1 point) A firm has a beta of 0.8. Calculate its equity cost of capital assuming that the expected return on the market is 10% and the risk-free rate is 2%. [Note: Enter your answer as a decimal rounded to four decimal places.] Your Answer: Answer D View hint for Question 28 Question 29 (1 point) shares of Terry Corporation stock at $26 per share. Today, one year later, the e year...
An investor purchased a stock for $44.95 and sold it one year later for $46.81. The...

An investor purchased a stock for $44.95 and sold it one year later for $46.81. The investor also received a dividend payment of $0.96. What was the investor's realized capital gain rate? (Enter your answer as a decimal rounded to 4 decimal places, not a percentage. For example, enter .0153 instead of 1.53%.) Your Answer:
One year ago, you purchased 325 shares of Best Wings stock at a price of $63.00...

One year ago, you purchased 325 shares of Best Wings stock at a price of $63.00 a share. The company pays an annual dividend of $1.36 per share. Today, you sold for the shares for $65.00 a share. What is your total percentage return on this investment? ENTER YOUR ANSWER AS A PERCENTAGE WITH ONE DECIMAL PLACE (e.g., 12.1) AND NOT AS A DECIMAL (e.g., 0.121). ROUND TO THE NEAREST TENTH OF A PERCENT.

Question 1 (1 point) One year ago, you purchased a stock at a price of $32.50....

Question 1 (1 point) One year ago, you purchased a stock at a price of $32.50. The stock pays quarterly dividends of $.40 per share. Today, the stock is worth $34.60 per share. What is the total amount of your dividend income to date from this investment? O $2.10 9 $2.50 O $1.60 12 50.40 Question 2 (1 point) Eight months ago, you purchased 400 shares of Winston, Inc. stock at a price of $54.90 a share. The company pays...
One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the...

One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the year, you received dividend of $3 per share. Today, you sold all your shares for $108 per share. What is the percentage return on your investment? Note: Round to the nearest 2 decimal percentage point.
A stock's price today is $24.50, and it is expected to pay out a dividend of...

A stock's price today is $24.50, and it is expected to pay out a dividend of $0.35 per share in one year. What is the stock's expected dividend yield? (Enter your answer as a decimal rounded to 4 decimal places, not a percentage). For example, enter.0153 instead of 1.53%.

A stock's price today is $25.75, and it is expected to pay out a dividend of...

A stock's price today is $25.75, and it is expected to pay out a dividend of $0.65 per share in one year. What is the stock's expected dividend yield? (Enter your answer as a decimal rounded to 4 decimal places, not a percentage). For example, enter .0153 instead of 1.53%
One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...

One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97 a share. The stock pays an annual dividend of $1.45 per share. Today, you sold all of your shares for $17.86 per share. What is your total dollar return on this investment? Group of answer choices $50 $76 $62 $68
One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...

One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97 a share. The stock pays an annual dividend of $1.42 per share. Today, you sold all of your shares for $17.86 per share. What is your total dollar return on this investment?

Question 12 (0.2 points) Donuts Delite just paid an annual dividend of $1.10 a share. The...

Question 12 (0.2 points) Donuts Delite just paid an annual dividend of $1.10 a share. The firm expects to increase this dividend by 8 percent per year the following three years and then decrease the dividend growth to 2 percent annually thereafter. Which one of the following is the correct computation of the dividend for year 5? O 1) ($1.10) (1.08)3 (1.02)3 O2) ($1.10) (1.08 x 3) (1.02 * 3) O 3) ($1.10) (1.08 * 3) (1.02 x 4) O4)...