Please Provide answer You purchase a stock at the beginning of the yearfor $108. At the end of the year, the stock pays adividend of $1.80 and you sell the stock for $117.What is your return for the year?

Return is the amount gained from the purchase of a stock. This will include both the gain from…

Answered: You purchase a stock at the beginning…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

An investor purchases a stock for $50 and over the next year, receives a $0.75 dividend. At the end of the year, the stock is priced at $53. In the second year, the stock pays a $1.00 dividend and at the end of the year the stock is priced at $51. a. Compute the dollar return for each year. b. Compute the percentage return for each year.
You purchase Griffin ltd at $46.00 per share intend to hold it for a year and hope to sell, it at $51. If year end dividends are expected to be $0.75 what is your expected return?
You purchased a stock for $50.00 share at the end of 2014. At the end of the years 2015 – 2018 the stock was worth $54.75, $59.13, $56.41, and $60.06 respectfully. You sold the stock at the end of 2019 for $62.00 per share. Calculate your geometric mean annual return for the stock during the period in which you owned it. Report your answer to 2 decimal places You purchased a stock for $50.00 share at the end of 2014. At the end of the years 2015 – 2018 the stock was worth $54.75, $59.13, $56.41, and $60.06 respectfully. You sold the stock at the end of 2019 for $62.00 per share. Calculate your arithmetic mean annual return for the stock during the period in which you owned it. Report your answer to 2 decimal places
What are the holding period and the annualized compounded returns if you buy a stock for $35 and sell it for $60 after fourteen years? Use Appendix A to answer the questions. Round your answers to the nearest whole number. Holding period return: % Annualized compounded return: %
You sold a stock for $75 that you purchased eleven years earlier for $40. What was the holding period return and annualized compounded returns? Use Appendix A to answer the questions. Round your answers to the nearest whole number. Holding period return: % Annualized compounded return: %
You sold a stock for $90 that you purchased fourteen years earlier for $45. What was the holding period return and annualized compounded returns? Use Appendix A to answer the questions. Round your answers to the nearest whole number. Holding period return: % Annualized compounded return: %
What should you pay for a stock assuming you expect the following: a dividend of $1.00 paid at the end of years 1 and 2; cost of equity equal to 8 percent; and, a selling price of $31 at the end of two years?
You plan to buy common stock and hold it for one year. You expect to receive both ₱150 and ₱260 from the sale of the stock at the end of the year. How much will you pay for the stock, if you want to a. Have a return of 8% b. A return of 10% c. A return of 15%
You buy a stock for $55 today, and sell the stock one year later for $54, during which time a $2 dividend is paid. What is your norminal return on this stock?
Suppose you bought a stock for $50 on January 1st. Six months later you received a dividend of $1.10 and you sold the stock for $53.30. Given this information, annualized return is ______________. answer is 17.6%
The Berry Corporation stock price changes from $99 at the beginning of 2022 to $72 at the end of the year, and pays $3 in dividends in December. If you hold this stock for the entire year and also obtain the dividends, what is your rate of return in percent to two-places?
You buy a stock for $125, receive a dividend of $12 and sell the stock for $95 one year later. What is your dollar and percent return? Later you learn inflation was 5% during the period you owned the stock. What was your real percentage return?

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

You purchase a stock at the beginning of the year for $108. At the end of the year, the stock pays a dividend of $1.80 and you sell the stock for $117. What is your return for the year?