One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...

Question

Question

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

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Total dollar return=(End value-Beginning value+Dividend)*200 shares

=(17.86-18.97+1.45)*200

which is equal to

=$68

Add a comment

Answer 2

Similar Homework Help Questions

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?
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.
11. A year ago, you purchased 300 shares of Stellar Wood Products, Inc. stock at a...

11. A year ago, you purchased 300 shares of Stellar Wood Products, Inc. stock at a price of $8.62 per share. The stock pays an annual dividend of $0.10 per share. Today, you sold all of your shares for $4.80 per share. What is your total dollar return on this investment? A. -$382 B. -$1,372 C. -$1,528 D. -$1,116 E. -$1,360 12. You own 400 shares of Western Feed Mills stock valued at $51.20 per share. What is the dividend...

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.
Two years ago, Tim purchased 100 shares of a particular company's stock at a price of...

Two years ago, Tim purchased 100 shares of a particular company's stock at a price of $65.50 per share. Last year, Tim received an annual dividend of $1.45 per share, and at the end of the year, a share of stock was trading at $70.57 per share. This year, Tim received an annual dividend of $1.60 per share and afterward sold all 100 shares at a price of $80.78 per share. In the first column of the following table, enter...

One year ago, you purchased 100 shares for $38 a share. The share pays dividends of...

One year ago, you purchased 100 shares for $38 a share. The share pays dividends of $.20 per share per quarter. Today, you sold your shares for $40.50 a share. What is your total dollar return on this investment? a. $315 b. $330 c. $270 d. $285 e. $340
One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per s...

One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per share. Today, you sold all your shares for $103 per share. What is the percentage return on your investment?
Suppose that 8 years ago, you purchased 284 shares of stock in a corporation. Between then...

Suppose that 8 years ago, you purchased 284 shares of stock in a corporation. Between then and now, the stock had a 2:1 split and a 4:1 split. Today, each share sells for $11. If selling all of your shares today would give your investment an annual rate of return of 6%, what was the price per share when you made the purchase 8 years ago? Round your answer to the nearest dollar.

Four months ago, you purchased 1,400 shares of Lakeside Bank stock for $21.20 a share. You...

Four months ago, you purchased 1,400 shares of Lakeside Bank stock for $21.20 a share. You have received dividend payments equal to $.56 a share. Today, you sold all of your shares for $22.20 a share. What is your total dollar return on this investment?

One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...

Homework Answers