Suppose you purchased 19 shares of Disney stock for $23.95 per share on May 1, 2012. On September 1 of the same year, you sold 19 shares of the stock for $22.00. Calculate the holding-period dollar gain for the shares you sold, assuming no dividend was distributed, and the holding-period rate of return.
Solution:
Holding period dollar gain = Number of shares(Selling price - Buying Price)
= 19 (23.95 - 22.00)
= $37.05
Rate of return = ((23.95 - 22.00)/22.00)*100 = 8.86%
Holding period rate of return = 8.86 (4/12) = 2.95%
Suppose you purchased 19 shares of Disney stock for $23.95 per share on May 1, 2012....
PIObleil b-12 (Sillilial 1) (Holding-period dollar gain and return) Suppose you purchased 20 shares of Disney stock for $25.61 per share on May 1, 2012. On September 1 of the same year, you sold 16 shares of the stock for $28.53. Calculate the holding period dollar gain for the shares you sold, assuming no dividend was distributed, and the holding-period rate of return . Enter a negative number if it is a loss. (Round to the a. The holding period...
Homework: Chapter 6 Homework Save Score: 0 of 2 pts 2 of 8 (4 complete) HW Score: 28.57%, 10 of 35 pts Problem 6-12 (similar to) Question Help (Holding period dollar gain and return) Suppose you purchased 13 shares of Disney stock for $29.63 per share on May 1 2012. On September 1 of the same year, you sold 11 shares of the stock for $26.94. Calculate the holding period dollargain for the shares you sold, assuming no dividend was...
Holding period gain (Show formula) Suppose you purchased 40 shares of XYZ stock for SAR 350.00 on February 1. You sell the 40 shares of stock on October 1 of the same year for 672.40. No dividends were paid during the year. 1. Calculate the holding period gain 2. Calculate the holding period return
You purchased 1,200 shares of stock on margin for $53 per share and sold the shares 3 months later for $58.60 per share. The initial margin requirement was 55 percent and the maintenance margin was 35 percent. The interset rate on the margin loan was 8 percent. You received no dividend income. What was your holding period return?
Jane purchased 100 shares of Zodcom on March 1, 2011 for $131.52 per share. The company instituted a 3:1 stock split 3 months later, and Jane then sold her shares for $49.03 per share. What was Jane's holding period return on this investment? 56.08% 10.59% 11.84% 37.28% 1 points QUESTION 2 Jane purchased 100 shares of Zodcom on March 1, 2011 for $123.81 per share. The company instituted a 3:1 stock split 7 months later, and Jane then sold...
Suppose you purchased a common stock for $12.50 per share some time ago. During the holding period, you received a dividend of $1.50 per share. The stock is currently selling for $14. Calculate dividend yield.
1. You purchased 1000 shares of stock for $25 a share. After holding the stock for 6 years and not receiving any dividends, you sell the stock for $42 per share. What are the holding period and annual return on this investment? a) 9.2% ; 1.63% b) 18% ; 2.87% c) 68% ; 9.03% d) 62% ; 7.66%
Allan purchased 500 shares of stock on margin for $31.75 a share and sold the shares five months later for $34.50 a share. The initial margin requirement was 65 percent and the maintenance margin was 30 percent. The interest rate on the margin loan was 8.5 percent. He received no dividend income. What was his holding period return?
Question 9 (1 point) You purchased 100 shares of stock for $5 per share. After holding the stock for 8 years and not receiving any dividends, you sell the stock for $42 per share. What are the holding period and annual return on this investment? 185%, 14.42% 920%, 41.63% 740%, 30.48% 625%, 27.66%
Assume that Janet Leigh purchased stock that costs $12.25 per share and purchased 1,000 shares; If Janet sold all shares for $21.75 after holding the stock for 15 months, and the single taxpayer was in the 39.6% bracket what are the taxes on this gain? If Janet sold all shares for $19.50 after holding the stock for 8 months, and the single taxpayer was in the 39.6% bracket, what are the taxes on this gain?