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 c) on January 24, 2009 the stock price plunges to P62.00 with a P3.00 dividend paid per share. Determine the rate of return for the four year holding period.
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 c) on January 24, 2009 the stock price plunges to P62.00 with a P3.00 dividend paid per share. Determine the rate of return for the four year holding period.
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 |
c) on January 24, 2009 the stock price plunges to P62.00 with a P3.00 dividend paid per share. Determine the
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