Chadwick bought 50 shares of Chipotle stock on Nov 1, 2016 for $396.33 per share. He sold the shares four years later, with the closing price for that day of $778.38. a) What did Chadwick pay for all of the shares in 2016? b) What was the closing value of all of the shares four years later? c) How much money did he gain/lose with this stock?

Chadwick bought 50 shares of Chipotle stock on Nov 1, 2016 for $396.33 per share. He sold the shares four years later, with the closing price for that day of $778.38. a) What did Chadwick pay for all of the shares in 2016? b) What was the closing value of all of the shares four years later? c) How much money did he gain/lose with this stock?

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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Kathy Myers frequently purchases stocks and bonds, but she is uncertain how to determine the rate of return that she is earning. For example, three years ago she paid $23,000 for 500 shares of Malti Company's common stock. She received a $460 cash dividend on the stock at the end of each year for three years. At the end of three years, she sold the stock for $30,000. Kathy would like to earn a return of at least 13% on all of her investments. She is not sure whether the Malti Company stock provide a 13% return and would like some help with the necessary computations. Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value that Kathy earned on her investment in Malti Company stock. 2. Did the Malti Company stock provide a 13% return? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the net present value that Kathy earned on her investment…
Tariq will invest OMR 3000 in an investment fund for the next 30 years starting at the end of this year. The investment will earn 13 percent annually. How much will she have at the end of 30 years Select one: a. 912334.54 OMR b. 879597.64 OMR c. 748212.50 OMR d. 812354.64 OMR e. None of these
Suzy Q buys stock on 1/1/2011 for ____________ per share, paying annual dividends of $27. On 12/31/2011, she sells the stock for $350. Her annual rate of return is -5.75%.
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Carlo bought ABZ stock on 2016, for Php 250,000. On 2019, you sold all the stock for Php 285,000. How much is the capital gain or loss?
Stan owns 1,500 shares of Red Corporation common stock which he purchased in 2011 for $30,000. On 3-30-14 he purchased an additional 500 shares for $7,000. On 4-20-14 he sells 1,000 of the original shares for $11,000. On 5-15-14 he purchases 200 shares of Red stock for $4,000. What is Stan's recognized loss as a result of the sale of the stock and what is the basis of the shares purchased on 3-30-14, respectively ? a. $6,300 loss ; $5,800 basis b. $5,700 loss ; $17,300 basis c. $2,700 loss ; $5,800 basis d. $2,700 loss ; $11,500 basis e. None of the answers provided is correct
On January 1, 2020, Simon Love's portfolio of 15 common stocks had a market value of $263,000 At the end of May 2020, Simon sold one of the stocks, which had a beginning-of-year value of $26,400, for $31,000. He did not reinvest those or any other funds in the portfolio during the year. He received total dividends from stocks in his portfolio of $12,100 during the year. On December 31, 2020, Simon's portfolio had a market value of $246,000. Find the HPR on Simon's portfolio during the year ended December 31, 2020. (Measure the amount of withdrawn funds at their beginning-of-year value.) Simon's portfolio HPR during the year ended December 31, 2020, is %. (Round to two decimal places.)
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In 2016 (year 0), Jessee exercised a stock option by paying $100 per share for 225 shares of ABC stock. The market price at date of exercise was $312 per share. In 2023, Jessee sold the 225 shares for $480 per share. Assuming that Jessee is in the 35 percent tax bracket, has a 15 percent capital gains rate, and uses a 6 percent discount rate, compute the 2016 NPV of the cash flows from the exercise and sale if: (Use Appendix A). Required: a. The stock option was nonqualified. b. The stock option was an ISO. Complete this question by entering your answers in the tabs below. Required A Required B Compute the 2016 NPV of the cash flows from the exercise and sale if the stock option was nonqualified. Note: Round your intermediate calculations to the nearest whole dollar amount. NPV

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