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?

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?

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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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%.
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You purchased 10 shares of common stock in Abigail's Café at the beginning of this year for $38.00 per share and held the stock for one year. The stock paid a dividend of $2/share during the year. You were able to sell the stock for $40 per share. What was your holding period return?
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Please provide correct answer
What price would you be willing to pay to purchase 1 share of this stock? (Picture )
At the beginning of last year, you invested €4000 in 80 shares of an EU based company. During the year, the company paid dividends of €5 per share. At the end of the year, you sold the 80 shares for €59 a share. Calculate your total HPY on these shares and indicate how much was due to the price change and how much was due to the dividend income.
Two years ago, you purchased 100 shares of General Mills Corporation. Your purchase price was $56 a share, plus a total commission of $33 to purchase the stock. During the last two years, you have received the following dividend amounts: $1.40 per share for the first year and $1.50 per share the second year. Also, assume that at the end of two years, you sold your General Mills stock for $66 a share minus a total commission of $33 to sell the stock. Calculate the dividend yield for your General Mills stock at the time you purchased it. Note: Enter your answer as a percent rounded to 2 decimal places. Calculate the dividend yield for your General Mills stock at the time you sold it. Note: Enter your answer as a percent rounded to 2 decimal places. Calculate the total return for your General Mills investment when you sold the stock at the end of two years. Note: Do not round intermediate calculations. Round your final answer to the nearest whole number. Calculate the annualized…
Angela invested his savings in shares of a new company. The company's share price dropped by $3.25 at the end of the first year, and by a further $0.75 at the end of the second year. The share price was $28.44 at the end of the second year. a. Calculate the original share price (at the beginning of the first year). Round to the nearest cent. b. Calculate the percent change in the share price over the two-year period. % Round to two decimal places.
Last year, you purchased 510 shares of Forever, Incorporated, stock at a price of $45.44 per share. You received $714 in dividends and a total of $25,556 when you sold the stock. What was the capital gains yield on this stock?
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