Alpha Geek

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  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Accounting Posted 25 Apr 2017 My Price 1.00

You purchase 1,000 shares of stock at $15.00 per share.

You purchase 1,000 shares of stock at $15.00 per share.

The stock pays quarterly dividends of $125 for two years after which you sell the shares for $16.50 each.

What is the equivalent yearly

Answers

(8)
Status NEW Posted 25 Apr 2017 06:04 PM My Price 1.00

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Attachments

file 1493143958-Answer.docx preview (53 words )
Y-----------ou -----------pur-----------cha-----------se -----------1,0-----------00 -----------sha-----------res----------- of----------- st-----------ock----------- at----------- $1-----------5.0-----------0 p-----------er -----------sha-----------re.----------- Th-----------e s-----------toc-----------k p-----------ays----------- qu-----------art-----------erl-----------y d-----------ivi-----------den-----------ds -----------of -----------$12-----------5 f-----------or -----------two----------- ye-----------ars----------- af-----------ter----------- wh-----------ich----------- yo-----------u s-----------ell----------- th-----------e s-----------har-----------es -----------for----------- $1-----------6.5-----------0 e-----------ach-----------. W-----------hat----------- is----------- th-----------e e-----------qui-----------val-----------ent----------- ye-----------arl-----------y? ----------- An-----------swe-----------r -----------Pur-----------cha-----------se -----------cos-----------t =----------- 15-----------*10-----------00=----------- 15-----------000----------- -----------Tot-----------al -----------div-----------ide-----------nd -----------= 1-----------25*-----------4*2----------- (b-----------eca-----------sue----------- qu-----------art-----------erl-----------y a-----------nd -----------for----------- 2 -----------yea-----------rs)-----------= 1-----------000----------- Se-----------ll -----------pri-----------ce -----------= 1-----------6 -----------
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