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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You purchased a Starbucks shares five years ago for $62 per share and the current price is $98 per share. Over the course of the five years you have received an average of $3.50 per share dividend. The nominal return on your investment is $
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L. Sanders Manufacturing paid a dividend last year of $5 per share. The dividend is expected to grow at a constant rate of 8% per year. The price of L. Sanders Manufacturing's stock today is $29 per share. If L. Sandaers Manufacturing decides to issue new common stock, flotation costs will equal $2.50 per share. Based on the above information, the cost of new common stock is OA. 28.38%. OB. 31.40%. OC. 26.62%. OD. 24.12%. OE. None of the above.
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%.
Today, you sold 1 share of Mega stock. The percentage return over the past quarter (from 3 months ago to today) for these shares was 8.00 percent. You purchased the shares 3 months ago at a price of $165.20 per share. You just received $4.65 in dividends. What was the price of the stock when you sold it? Electric Blue stock is expected to pay a dividend of $5.27 in 1 year and a dividend of $8.05 in 2 years. The stock is expected to be priced at $62.06 in 1 year and at $66.00 in 2 years. What is the current price of Electric Blue stock? The stock’s dividend is paid annually and the next dividend is expected in 1 year.
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?
What price would you be willing to pay to purchase 1 share of this stock? (Picture )
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?
To purchase shares of Paylocity Inc. (ticker symbol: PCTY), Steven Beauchamp requires a return of 8.50%. Paylocity, which just paid an annual dividend of $1.50 per share, expects to grow its annual dividend by 22% per year for the next 4 years. A 5% constant growth rate is subsequently expected. How much will Mr. Beauchamp pay today for one share of Paylocity? a. $62.36 b. $80.05 c. $67.26 d. $78.22 e. $71.25

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