1. Tim bought 50 shares of Clarky stock at P685.00 per share and paid P956.00 commission. Find Tim's total investment. 2. A land developer declared a dividend of P10,000.00 for its common stock. Suppose there are 600,000 shares of common stock, how much is the dividend per share? 3. A property holdings declared of P9 per share for the common stock. If the common stock closes at P76, how large is the stock yield ration on this investment?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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B. Answer the following problems completely
1.
Tim bought 50 shares of Clarky stock at P685.00 per share and paid P956.00
commission. Find Tim's total investment.
2.
A land developer declared a dividend of P10,000.00 for its common stock. Suppose
there are 600,000 shares of common stock, how much is the dividend per share?
3.
A property holdings declared of P9 per share for the common stock. If the common
stock closes at P76, how large is the stock yield ration on this investment?
Transcribed Image Text:B. Answer the following problems completely 1. Tim bought 50 shares of Clarky stock at P685.00 per share and paid P956.00 commission. Find Tim's total investment. 2. A land developer declared a dividend of P10,000.00 for its common stock. Suppose there are 600,000 shares of common stock, how much is the dividend per share? 3. A property holdings declared of P9 per share for the common stock. If the common stock closes at P76, how large is the stock yield ration on this investment?
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