On December 24, 2007, the common stock of Google Inc. was trading for $700.73. one year later the shares sold for only $298.02. Google has never paid a common stock dividend. What rate of return would you have earned on your investment had you purchased the shares on December 24, 2007?
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- On December 24, 2007, the common stock of Google Inc. was trading for $700.73. one year later the shares sold for only $298.02. Google has never paid a common stock dividend. What
rate of return would you have earned on your investment had you purchased the shares on December 24, 2007?
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- Research online to find a company that bought back shares of its own stock (treasury stock) within the last 6–12 months. Why did it repurchase the shares? What happened to the companys stock price immediately after the repurchase and in the months since then? Is there any reason to think the repurchase impacted the price?According to a company press release, on January 5, 2012, Hansen Natural Corporation changed its name to Monster Beverage Corporation. According to Yahoo Finance, on that day the value of the company stock (symbol: MNST) was $15.64 per share. On January 5, 2018, the stock closed at $63.49 per share. This represents an increase of nearly 306%. A. Discuss the factors that might influence the increase in share price. B. Consider yourself as a potential shareholder. What factors would you consider when deciding whether or not to purchase shares in Monster Beverage Corporation today?On November 7, 2013, Twitter released its initial public offering (IPO) priced at $26 per share. When the day ended, it was priced at $44.90, reportedly making about 1600 people into millionaires in a single day.[20] At the time it was considered a successful IPO. Four years later, Twitter is trading at around $18 per share. Why do you think that occurred? Is Twitter profitable? How can you find out?
- At the beginning of 2007, an investor buys 2 shares at $100 each. At the beginning of 2008, he buys another 3 shares at $120 each. At the beginning of 2009, he sells 1 share at $110 each. At the beginning of 2010, he sells the remaining 4 shares at $130 each. The stock does not pay any dividend. Calculate the dollar-weighted rate of return.One year ago, your friend purchased 87shares of PantherCo. stock for $2,049.32. The stock does not pay any regular dividends but it did pay a special dividend of $0.56 a share last week. This morning, she sold her shares for $30.92 a share. What was the total percentage return on this investment? Answer as a percentage (e.g. 0.01 is 1.0%) but without the percentage (%) symbol.On July 3, 2009, Devin purchased 150 shares of CDEF stock at a cost of $22 per share. His commission was $50. He sold his shares on July 6, 2011, at a price of $42 per share less another $50 commission. During the time he held the stock, he earned dividends of $3.5 per share. What was his total return on his investment?
- On August 19, 2004, Google completed its IPO of 20.0 million shares to the initial investors at $85 per share. The closing price of the stock that same day was $94.00. What was the dollar value of the underpricing associated with the Google IPO? (Round answer to 0 decimal places, e.g. 5,275.)On April 27, 2018, DocuSign, a California company that provides technology to enable digital signatures on important documents, conducted its initial public offering (IPO) of common stock. In the primary market the company’s shares were priced at $29 per share, but after one day of trading on the Nasdaq, the share price closed at $39.73. The company sold 21.7 million shares in the offering. To what extent (in dollars and on a percentage basis) was DocuSign’s stock underpriced in its IPO? How much cash (before deducting fees to investment banks) did DocuSign raise? How much more would it have raised if the shares had not been underpriced?In 2014, Gap completed $1.5 billion in share buybacks, and its stock went up by 6%. Which of the following is a reason stock prices go up after the announcement of a stock buyback? a. Signaling b. Anti-Dilution c. Value Creation d. Taxes
- On November 7, 2013, Twitter released its initial public offering (IPO) priced at $26 per share. When the day ended, it was priced at $44.90, reportedly making about 1600 people into millionaires in a single day. At the time it was considered a successful IPO. Four years later, Twitteris trading at around $18 per share. Why do you think that occurred? Is Twitter profitable? How can you find out? If it is not profitable, why do investors continue to support it?On November 7, 2013, Twitter released its initial public offering (IPO) priced at $26 per share. When the day ended, it was priced at $44.90, reportedly making about 1600 people into millionaires in a single day. At the time it was considered a successful IPO. Four years later, Twitter is trading at around $18 per share. Why do you think that occurred? Is Twitter profitable? How can you find out? If it is not profitable, why do investors continue to support it?Hello, A company did not pay dividends in 2015 or 2016, even though 46,300 shares of its 8.4%, $90 par value cumulative preferred stock were outstanding during those years. The company has 294,000 shares of $2 par value common stock outstanding. Calculate the amount that would be received by an investor who has owned 260 shares of preferred stock and 300 shares of common stock since 2014 if a $.60 per share dividend on the common stock is paid at the end of 2017. (do not round intermediate calculations). Total dividends received = _______ Thank you.