George bought 2,000 shares of stock LCC on March 7 at Php12. On June 3 of the same year, he sold these shares at Php14.50. Ignoring all fees and taxes, if George received a dividend per share of Php0.15, find George's total stock ROI.
George bought 2,000 shares of stock LCC on March 7 at Php12. On June 3 of the same year, he sold these shares at Php14.50. Ignoring all fees and taxes, if George received a dividend per share of Php0.15, find George's total stock ROI.
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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George bought 2,000 shares of stock LCC on March 7 at Php12. On June 3 of the same year, he sold these shares at Php14.50. Ignoring all fees and taxes, if George received a dividend per share of Php0.15, find George's total stock
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