Mr. Cruz bought 4,000 TYB shares at P3.00. He received cash dividends of P0.25 per share. The par value is P1.0 per share and market price is P4.00. Assuming that the investor sold all his shares, how much is the capital appreciation on the investments of the shares of stocks (disregard commission and other charges)? a. 17,000 b. 6,000 c. 5,000 d. 14,000
Mr. Cruz bought 4,000 TYB shares at P3.00. He received cash dividends of P0.25 per share. The par value is P1.0 per share and market price is P4.00. Assuming that the investor sold all his shares, how much is the capital appreciation on the investments of the shares of stocks (disregard commission and other charges)? a. 17,000 b. 6,000 c. 5,000 d. 14,000
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 5P
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Mr. Cruz bought 4,000 TYB shares at P3.00. He received cash dividends of P0.25 per share. The par value is P1.0 per share and market price is P4.00. Assuming that the investor sold all his shares, how much is the capital appreciation on the investments of the shares of stocks (disregard commission and other charges)?
a. 17,000
b. 6,000
c. 5,000
d. 14,000
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