6) You purchased Pharmaceuticals stock at $34.00. A year later you bought an additional 300 shares at $38.75. You paid a commission of $29.95 on each transaction. A year later you sold the original 150 shares plus 100 shares from the second purchase of 300 shares at $46.71. You paid a sales commission of $40.00 when they sold the stock. What was the profit or loss from the sale of the 250 shares?

6) You purchased Pharmaceuticals stock at $34.00. A year later you bought an additional 300 shares at $38.75. You paid a commission of $29.95 on each transaction. A year later you sold the original 150 shares plus 100 shares from the second purchase of 300 shares at $46.71. You paid a sales commission of $40.00 when they sold the stock. What was the profit or loss from the sale of the 250 shares?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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you purchased 300 shares of a non-dividend paying stock at $50 per share using 50% margin at a 10% annual interest rate. A year later you sold the stock for $44.62 and paid your annual interest on the margin loan. You paid $30 in commission in total. What was your total loss on this investment
2 years ago I purchased 100 shares of General Mills Corporation for $42 a share plus a commission of $29 to purchase. During the last 2 years I received the dividend amount 1.92 per share the first year and 1.96 per share the second year. At the end of 2 years I sold my stock for $49 a share minus a total commission of $34 to sell the stock. What is the dividend yield of my stock when I purchased it?? What is my dividend yield at the time I sold it? What is my total return when I sold the stock and the end of 2 years? What is the annualized holding period yield of my investment at the end of w years?
You purchased 155 shares of Willy Wonka Chocolates for $12 per share. Two years later you sell your 155 shares for $23 per share. Did you make or lose money? How much did you make or lose? Explain your results mathematically.
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An investor purchased 500 shares of common stock, $25 par, for $21,750. Subsequently, 100 shares were sold for $49.50 per share. What is the amount of gain or loss on the sale?
Jeff Sellers bought 200 shares of ATL stock at $29.38. Eight months later, he sold the stock at $31.63. Assuming a 2% commission charge, what is the bottom line for Jeff? (Round your answer to the nearest cent.)
Six months ago, you purchased 3,000 shares of ABC stock for $47.06 a share. You have received dividend payments equal to $0.80 a share. Today, you sold all of your shares for $49.74 a share. What is your total dollar return on this investment? $2,400 $10,050 $8,040 $10,440 $20,880
Two years ago, you purchased 100 shares of General Mills Corporation. Your purchase price was $61 a share, plus a total commission of $38 to purchase the stock. During the last two years, you have received total dividends of $2.48 per share. Also, assume that at the end of two years, you sold your General Mills stock for $66 a share minus a total commission of $36 to sell the stock. Calculate the total return for your investment and the annualized holding period yield. O Total return on the investment: $574. Annualized holding period yield: 4.70%. O Total return on the investment: $674. Annualized holding period yield: 5.52%. O Total return on the investment: $774. Annualized holding period yield: 6.34%. O Total return on the investment: $874. Annualized holding period yield: 7.16%.
At the beginning of last year, you purchased Delta Derivatives and Zeta Functions. The Delta Derivatives shares cost you $12 per share and paid 6% in dividends for the year, while Zeta Functions shares cost you $4 per share and paid 5% in dividends for the year. If you invested a total of $7,400 and earned $430 in dividends at the end of the year, how many shares of each company did you purchase?
An investor purchased 500 shares of common stock, $25 par, for $19,250. Subsequently, 100 shares were sold for $35 per share. What is the amount of gain or loss on the sale?
You purchased 100 shares of MegaCorp for $17 per share four months ago. The brokerage fee was 4% of the total dollar amount of the purchase. Today you sold the shares for $23.50 per share. Brokerage fees were 4% of the total sale value. If you are in the .28 marginal tax bracket, how much tax do you owe on the capital gain? You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received total dividends of $1,272. What is the total capital gain on this investment?
You purchased 2,640 shares of Barrett Golf Corporation stock at a price of $26.08 per share. While you owned the stock, you received dividends totaling $.71 per share. Today, you sold your stock at a price of $30.12 per share. What was your total dollar return on the investment?

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