10 years ago, you purchased shares of stock in a corporation. Between then and now, the...
Suppose that 8 years ago, you purchased 284 shares of stock in a corporation. Between then and now, the stock had a 2:1 split and a 4:1 split. Today, each share sells for $11. If selling all of your shares today would give your investment an annual rate of return of 6%, what was the price per share when you made the purchase 8 years ago? Round your answer to the nearest dollar.
Suppose that 10 years ago, you purchased shares in a certain corporation's stock. Between then and now, there was a 3:1 split and a 5:1 split. If shares today are 71% cheaper than they were 10 years ago, what would be your rate of return if you sold your shares today? Round your answer to the nearest tenth of a percent.
Two years ago, you purchased 100 shares of General Mills Corporation. Your purchase price was $59 a share, plus a total commission of $29 to purchase the stock. During the last two years, you have received the following dividend amounts: $1.60 per share for the first year and $1.71 per share the second year. Also, assume that at the end of two years, you sold your General Mills stock for $66 a share minus a total commission of $38 to...
1. You invested $3,640 in a certain stock 24 years ago. You decided to sell your shares today, the rate of return would be 1.9%. How much money would you earn if you sell your shares today? Round your answer to the nearest dollar. 2.Suppose that during a 13 year period, a corporation's stock has a 3:1 split. By what percent would the price per share have to decrease in order for the rate of return during this period to...
You purchased 300 shares of General Electric stock at a price of $71.83 four years ago. You sold all stocks today for $61.91. During that period the stock paid dividends of $4.56 per share. What is your annualized holding return (annual percentage rate)? Round the answers to two decimal places in percentage form.
You purchased 300 shares of General Electric stock at a price of $64.00 four years ago. You sold all stocks today for $79.66. During that period the stock paid dividends of $1.97 per share. What is your annualized holding period return (annual percentage rate)? Round the answers to two decimal places in percentage form.
You purchased 250 shares of General Motors stock at a price of $79.99 two years ago. You sold all stocks today for $78.24. During this period the stock paid dividends of $4.39 per share. What is your annualized holding period return (annual percentage rate)? Round the answers to two decimal places in percentage form.
You purchased 250 shares of General Motors stock at a price of $89.79 two years ago. You sold all stocks today for $87.95. During this period the stock paid dividends of $5.15 per share. What is your annualized holding period return (annual percentage rate)? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box) Your Answer:
One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the year, you received dividend of $3 per share. Today, you sold all your shares for $108 per share. What is the percentage return on your investment? Note: Round to the nearest 2 decimal percentage point.
One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97 a share. The stock pays an annual dividend of $1.42 per share. Today, you sold all of your shares for $17.86 per share. What is your total dollar return on this investment?