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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
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
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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 rate of return realized for a two year holding period. (Ans. 15%)

b) the holding period is until January 24, 2008. (Ans. 17%)

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