Dan bought 200 shares of a stock at P140 per share. A year later, he sold the stocks at P145.50 a share. 8. If during the year he held the stock, Dan received P2.25 dividend per share, what is his total stock ROI (excluding charges)?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 1PROB
icon
Related questions
Question
numbers 3 & 8
Dan bought 200 shares of a stock at P140 per
share. A year later, he sold the stocks at P145.50
a share.
Jus,
8. If during the year he held the stock, Dan received
P2.25 dividend per share, what is his total stock
ROI (excluding charges)?
Transcribed Image Text:Dan bought 200 shares of a stock at P140 per share. A year later, he sold the stocks at P145.50 a share. Jus, 8. If during the year he held the stock, Dan received P2.25 dividend per share, what is his total stock ROI (excluding charges)?
If P1 million is placed in a time deposit account
for 90 days at 0.75% interest, (use 360 for t)
3. Find the maturity value of the placement after the
tax is deducted.
Transcribed Image Text:If P1 million is placed in a time deposit account for 90 days at 0.75% interest, (use 360 for t) 3. Find the maturity value of the placement after the tax is deducted.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Accounting for Financial Instruments
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Recommended textbooks for you
EBK CFIN
EBK CFIN
Finance
ISBN:
9781337671743
Author:
BESLEY
Publisher:
CENGAGE LEARNING - CONSIGNMENT
SWFT Comprehensive Volume 2019
SWFT Comprehensive Volume 2019
Accounting
ISBN:
9780357233306
Author:
Maloney
Publisher:
Cengage
SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
Accounting
ISBN:
9780357391723
Author:
Maloney
Publisher:
Cengage
SWFT Corp Partner Estates Trusts
SWFT Corp Partner Estates Trusts
Accounting
ISBN:
9780357161548
Author:
Raabe
Publisher:
Cengage
CONCEPTS IN FED.TAX., 2020-W/ACCESS
CONCEPTS IN FED.TAX., 2020-W/ACCESS
Accounting
ISBN:
9780357110362
Author:
Murphy
Publisher:
CENGAGE L
Individual Income Taxes
Individual Income Taxes
Accounting
ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT