At the beginning of the year, you purchased shares 100 shares of Exxon Mobil (XOM) for a price of $92 per share. During the year, the firm paid 3 dividends per share of $0.69, $0.73 and $0.73. If you sell your stock today for $82, what is your return (%), year-to-date?
Question 15 options:
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-8.50% |
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-9.50% |
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13.20% |
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14.80% |
Ans -8.50%
| Po = | Purchase Price |
| P1 = | Sale Price |
| Return on Shares = | Dividend Income + (P1 - P0) |
| (0.69 + 0.73 + 0.73) + (82 - 92) | |
| -7.85 | |
| Return on Shares in % = | Return on Share / P0 * 100 |
| -7.85 / 92 * 100 | |
| -8.50% |
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