Thomas bought 1,000 shares of stock in T.J Maxx (TJX) on November 30, 2020, paying $63.51 per share. On November 30, 202
Posted: Tue Jul 12, 2022 12:00 pm
Thomas bought 1,000 shares of stock in T.J Maxx (TJX) onNovember 30, 2020, paying $63.51 per share. On November 30, 2021,he received a dividend of $0.26 per share, and he sold his shareswhich had risen to $69.40 per share. Assume the SEC fee is $5.10per $1,000,000 of principal, rounded up to the next cent. Find each of the following:
a) Thomas’s total cost for the stock if he made a $15broker-assisted trade on 11/30/2020.
b.) The amount received by Thomas if he made an automated phonesale of $5 on 11/30/2021.
c.) Thomas’s capital gain if he sold the stock on11/30/2021.
d.) The total dividend amount.
e.) Thomas’s total return on his one-year ownership of thisstock.
a) Thomas’s total cost for the stock if he made a $15broker-assisted trade on 11/30/2020.
b.) The amount received by Thomas if he made an automated phonesale of $5 on 11/30/2021.
c.) Thomas’s capital gain if he sold the stock on11/30/2021.
d.) The total dividend amount.
e.) Thomas’s total return on his one-year ownership of thisstock.