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(20 pts) 6.) Elaine bought 1200 shares of stock in Levi Strauss (LEVI) on May 8, 2020, paying $12.84 per share. On May 7
Posted: Mon Jul 11, 2022 12:16 pm
by answerhappygod
- 20 Pts 6 Elaine Bought 1200 Shares Of Stock In Levi Strauss Levi On May 8 2020 Paying 12 84 Per Share On May 7 1 (86.69 KiB) Viewed 30 times
(20 pts) 6.) Elaine bought 1200 shares of stock in Levi Strauss (LEVI) on May 8, 2020, paying $12.84 per share. On May 7, 2021, she received a dividend of 40ยข per share, and she sold her shares which had risen to $30.13 per share. The SEC fee is paid on the sale of shares. Assume the SEC fee is $5.10 per $1,000,000 of principal, rounded up to the next cent. Broker-Assisted Automated (online) $0 $25 Automated (phone) $5.95 Brokerage Firm X Find each of the following: a) Elaine's total cost for the stock if she made an automated phone trade on 5/8/2020. b.) The amount received by Elaine if she made a broker-assisted sale on 5/7/21 (do not include dividend here) c.) Elaine's capital gain if she sold the stock on May 7, 2021 d.) The total dividend amount e.) Elaine's total return on her one-year ownership of this stock