UPENN: LOOSE LEAF CORP.FIN W/CONNECT
UPENN: LOOSE LEAF CORP.FIN W/CONNECT
17th Edition
ISBN: 9781260361278
Author: Ross
Publisher: McGraw-Hill Publishing Co.
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Chapter 10, Problem 14QP
Summary Introduction

To determine: The total return for the last year

Introduction:

The term return refers to a profit or gain made on an investment that is usually expressed in terms of percentage or dollars. The percentage total return shows the overall performance and efficiency of the amount invested.

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Students have asked these similar questions
At the start of the year, you purchased a single stock for $49.15 and one year later received a dividend of $2.88 and then sold the stock for $54.91. What was your total nominal return?
You bought a share of 4.12 percent preferred stock ($100 par value) for $96.77 last year. The market price for your stock is now $95.58. What is your total return for last year? Answer as a percentage to two decimals (if you get -0.0435, you should answer -4.35).
One year ago, you bought a stock for $50.39 a share. You received a dividend of $2.97 per share last month and sold the stock today for $49.58 a share. What is the capital gains yield (in percent) on this investment? Correct pls.

Chapter 10 Solutions

UPENN: LOOSE LEAF CORP.FIN W/CONNECT

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