Wyclef has an investment of 500 shares of stock in Partridge Capital valued at $12 each, Partridge now declares a 5% stock dividend. Prior to the stock dividend, there were 10,000 shares outstanding. How has the value of Wyclef's investment changed and what is the stock price after the stock dividend? Value has gone down; new stock price $11.43 Value has gone up: new stock price $12.60 Value has not changed; new stock price $12.60 Value has not changed new stock price $11.43

Wyclef has an investment of 500 shares of stock in Partridge Capital valued at $12 each, Partridge now declares a 5% stock dividend. Prior to the stock dividend, there were 10,000 shares outstanding. How has the value of Wyclef's investment changed and what is the stock price after the stock dividend? Value has gone down; new stock price $11.43 Value has gone up: new stock price $12.60 Value has not changed; new stock price $12.60 Value has not changed new stock price $11.43

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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On January 3, 2022 you purchased 275 shares of Bird House, Inc. at $61.38 per share. Since then, you have received the following dividends per share: $0.17 (January 17), $0.17 (April 16). $0.19 (July 18). $0.19 (October 17), $0.19 (January 20). The current price of the stock is $63.09. What is the Capital Gains (Loss) Yield in percent (%)? (recurring content question) 1.71% -2.71% 2.21% O 2.79% O 2.71%
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Today, Andrew sold 3,600 shares of Colts stock for $26.60 per share. Andrew paid $101,124 for the 3,600 shares one year ago. What is the total return on this investment if the dividend yield is 1.90%? Group of answer choices -3.98% -3.40% -2.29%-3.40%
Suppose you buy 100 shares of Abolishing Dividend Corporation at the beginning of year 1 for $80. Abolishing Dividend Corporation pays no dividends. The stock price at the end of year 1 is $100, the price is $120 at the end of year 2, and the price is $150 at the end of year 3. The stock price declines to $80 at the end of year 4, and you sell your 100 shares. For the four years, your geometric average return is 0.0% 5.7% 9.2% 34.5%
You own 350 shares of Maslyn Tours stock that sells for $52.48 per share. If the stock has a dividend yield of 2.4 percent, how much do you expect to receive next year in dividend income from this investment? Multiple Choice $468.38 $489.81 $429.35 $455.53 $440.83
Hi, If a company has 32,000 common stock shares outstanding $10 par value, then purchases 2,300 shares of treasury stock at $25 per share. How would this be jouralized? Also, after those transaction the same company declared a $0.10 per share cash dividend on the common stock outstanding. How would this be jouralized?
Angela invested his savings in shares of a new company. The company's share price dropped by $3.25 at the end of the first year, and by a further $0.75 at the end of the second year. The share price was $28.44 at the end of the second year. a. Calculate the original share price (at the beginning of the first year). Round to the nearest cent. b. Calculate the percent change in the share price over the two-year period. % Round to two decimal places.
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The balance sheet for Quinn Corporation is shown here in market value terms. There are 12,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 49,300 Fixed assets 355,000 Equity $ 404,300 Total $ 404,300 Total $ 404,300 The company has declared a dividend of $1.45 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. What is the stock selling for today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What will it sell for tomorrow? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

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