Joel purchased 100 shares of stock for $23 per share. During the year, he received dividend cheques amounting to $142. A

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Joel purchased 100 shares of stock for $23 per share. During the year, he received dividend cheques amounting to $142. A

Post by answerhappygod »

Joel Purchased 100 Shares Of Stock For 23 Per Share During The Year He Received Dividend Cheques Amounting To 142 A 1
Joel Purchased 100 Shares Of Stock For 23 Per Share During The Year He Received Dividend Cheques Amounting To 142 A 1 (54.49 KiB) Viewed 16 times
Joel purchased 100 shares of stock for $23 per share. During the year, he received dividend cheques amounting to $142. After three years, Joel sold the stock for $30 per share. What was his holding period return? What is the dollar amount of Joel's return? Joel's holding period return was 36.6 percent. (Round to one decimal place as needed.) The dollar amount of Joel's return was $ (Round to the nearest dollar as needed.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”