On March 6, Voldemort owns 100 shares of a construction company, and he gets a dividend of $$2 per share. Market price of her share is $30 + Your Id# ( Such as for student with ID 23-001 MP = $30+1 =$32 ,for 23-011, MP = $30+11 =$41, for 23-111, MP = $30+111 =$141). However, Voldemort wants to get $3.00 per share. Can he use %3D a homemade dividend? How?

On March 6, Voldemort owns 100 shares of a construction company, and he gets a dividend of $$2 per share. Market price of her share is $30 + Your Id# ( Such as for student with ID 23-001 MP = $30+1 =$32 ,for 23-011, MP = $30+11 =$41, for 23-111, MP = $30+111 =$141). However, Voldemort wants to get $3.00 per share. Can he use %3D a homemade dividend? How?

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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Abby purchased 100 shares of her father’s favorite stock for $27 per share exactly 1 year ago, commission free. She sold it today for a total amount of $3275. She plans to invest the entire amount in a different corporation’s stock today, but she must now pay a $45 commission fee. If she plans to sell this new stock exactly 1 year from now and realize the same return as she has just made, what must be the total amount she receives next year? Include the commission fee as a part of the purchase price, but neglect any tax effects. The total amount that she receives next year is?
Lee purchased a stock one year ago for $26. The stock is now worth $34, and the total return to Lee for owning the stock was 0.35. What is the dollar amount of dividends that he received for owning the stock during the year? Round to two decimal places.
Betty and John Martinez own 140 shares of McDonald's common stock. McDonald's annual dividend is $0.79 per share. What is the amount of the dividend check the Martinez couple will receive for this year? (Round your answer to 2 decimal places.) Annual dividend check amount
Yesterday Sandi sold 1,000 shares of stock that she owned for $45 per share. When she purchased the stock two years ago, Sandi paid $50 per share. Every three months during the time she held the stock, Sandi received a quarterly dividend equal to $0.50 per share. Eight dividends were received during the two years she held the stock. (a) What return (yield) did Sandi earn during the two years she held the stock? (b) If the price of the stock was $45 per share one year ago, what return did Sandi earn in each year she held the stock?
Howard holds 3,000 shares in Bean, a firm with a stock price of $30. Bean has announced a dividend of $1.50 per share that will go ex-dividend tomorrow. Howard doesn’t need cash and so he’d prefer not to have any dividend. Which of the following is closest to the action would you suggest for Howard immediately after the stock goes ex-dividend? Assume perfect markets. Select one: a. Buy 163.64 shares of Bean b. Sell 36,000 shares of Bean c. Buy 272.73 shares of Bean d. Buy 157.90 shares of Bean e. Buy 36,000 shares of Bean
Prepare your answers using excel or clearly written computations. Show your work for maximum points. 4. Grady exchanges qualified property, basis of $12,000 and fair market value of $18,000, for 60% of the stock of Eadie Corporation. The other 40% of the stock is owned by Pedro, who acquired it five years ago. Calculate Grady’s current income, gain, or loss and the basis he takes in his shares of Eadie stock as a result of this transaction.
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Help the correct answer
Rafael purchased 100 shares of corporate stock 7 years ago for $32 a share plus brokerage fees totaling $90. He received quarterly dividends of 40 cents per share. Nathan just sold the stock, immediately after receiving the 28th quarterly dividend, for $41.42 per share less brokerage fees totaling $125. Calculate Rafael's rate of return.
Sarah and James Hernandez purchased 220 shares of Macy's stock at $39 a share. One year later, they sold the stock for $75.00 a share. They paid a broker a commision of $8 when they purchased the stock and a commision of $12 when they sold the stock. During the 12-month period the couple owned the stock, Macy's paid dividends that totaled $1.75 a share. Calculate the Hernandez total return for this investment. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Total return
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WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the year, Mr. Wallace owned all 100 shares. On September 30, he gave 25 shares to his brother and 40 shares to his daughter. WRT’s ordinary income for the year was $232,000. Required:What portion of this income must each shareholder include in income? (Assume 365 days in a year. Round income per day of ownership to 4 decimal places. Round other intermediate calculations and final answers to the nearest whole dollar amount.)

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