ollar Cost Averaging You have decided to invest $100 per month in the same stock for the next 3 months. January the stock was at $10 per share. February was a tough month and the stock was at $5.00 per share. March was a bit of a recovery and the stocks were purchased at $7.50 per share. a. What is the dollar gain/loss on your portfolio at the end of the quarter? b. What is the % gain/loss on your portfolio at the end of the quarter?
ollar Cost Averaging You have decided to invest $100 per month in the same stock for the next 3 months. January the stock was at $10 per share. February was a tough month and the stock was at $5.00 per share. March was a bit of a recovery and the stocks were purchased at $7.50 per share. a. What is the dollar gain/loss on your portfolio at the end of the quarter? b. What is the % gain/loss on your portfolio at the end of the quarter?
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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| Dollar Cost Averaging | |||||||
| You have decided to invest $100 per month in the same stock for the next 3 months. | |||||||
| January the stock was at $10 per share. February was a tough month and the stock was at $5.00 per share. | |||||||
| March was a bit of a recovery and the stocks were purchased at $7.50 per share. | |||||||
| a. What is the dollar gain/loss on your portfolio at the end of the quarter? | |||||||
| b. What is the % gain/loss on your portfolio at the end of the quarter? | |||||||
| c. Based on this information, what is your annualized gain/loss for the year? | |||||||
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Follow-up Question
| You purchased 100 shares of stock at $30 per share. You paid a 2% commission on the purchase. | ||||||||||
| In 1 year you sold your shares for $35 per share and also paid a 2% commission on the sale. | ||||||||||
| During the year the stock paid a $1.70 per share dividend. | ||||||||||
| a. What is the current yield? | ||||||||||
| b. What is the annual yield? | ||||||||||
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