You purchased some shares in Bandicoots R Us on 19 July 2022, at price $50.58. On 25 December 2022 (159 days later), Bandicoots R Us paid a dividend of $1.50. The price of the shares on 25 December 2022 was $49.60. Finally, on 22 March 2023 (87 days after the dividend), you sold the shares for $48.63. What was your effective annual return over the time you owned Bandicoots R Us? -1.32% -5.67% 2.38% -0.89%
You purchased some shares in Bandicoots R Us on 19 July 2022, at price $50.58. On 25 December 2022 (159 days later), Bandicoots R Us paid a dividend of $1.50. The price of the shares on 25 December 2022 was $49.60. Finally, on 22 March 2023 (87 days after the dividend), you sold the shares for $48.63. What was your effective annual return over the time you owned Bandicoots R Us? -1.32% -5.67% 2.38% -0.89%
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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You purchased some shares in Bandicoots R Us on 19 July 2022, at price $50.58. On 25 December 2022 (159 days later), Bandicoots R Us paid a dividend of $1.50. The price of the shares on 25 December 2022 was $49.60. Finally, on 22 March 2023 (87 days after the dividend), you sold the shares for $48.63. What was your effective annual return over the time you owned Bandicoots R Us?
-1.32% |
||
-5.67% |
||
2.38% |
||
-0.89% |
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