he table below shows the market performance for a share of common stock in a multi-national corporation. Date Price Dividends Paid January 24, 2005 P60.00 P5.00 January 24, 2006 63.00 5.50 January 24, 2007 67.00 6.05 January 24, 2008 74.00 7.49 a) If an investor purchased shares on January 24, 200
he table below shows the market performance for a share of common stock in a multi-national corporation. Date Price Dividends Paid January 24, 2005 P60.00 P5.00 January 24, 2006 63.00 5.50 January 24, 2007 67.00 6.05 January 24, 2008 74.00 7.49 a) If an investor purchased shares on January 24, 200
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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The table below shows the market performance for a share of common stock in a multi-national corporation.
|
Date |
Price |
Dividends Paid |
|
January 24, 2005 |
P60.00 |
P5.00 |
|
January 24, 2006 |
63.00 |
5.50 |
|
January 24, 2007 |
67.00 |
6.05 |
|
January 24, 2008 |
74.00 |
7.49 |
a) If an investor purchased shares on January 24, 2005, determine the
b) the holding period is until January 24, 2008. (Ans. 17%)
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