An investor bought 200 CYH shares at P50.00. He received cash dividends of P2.00 per share. The company also declares split dividend of 2-1. The market price after the declaration of split is P60.00. Assuming that the investor sold all his shares at the date of declaration, how much profit is realized on the sale of shares of stocks (disregard commission and other charges)?

An investor bought 200 CYH shares at P50.00. He received cash dividends of P2.00 per share. The company also declares split dividend of 2-1. The market price after the declaration of split is P60.00. Assuming that the investor sold all his shares at the date of declaration, how much profit is realized on the sale of shares of stocks (disregard commission and other charges)?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 5P

See similar textbooks

Similar questions

An investor bought 200 CYH shares with a par value of P1.00 per share at P50.00. He received cash dividends of P2.00 per share. The company also declares split dividend of 2-1. The market price after the payment of split is P30.00. Assuming that the investor sold all his shares, how much is the capital gains on the sale of shares of stocks (disregard commission and other charges)? a. 2,400 b. 14,400 c. 12,000 d. 14,000
A stock is bought for $23.25 and sold for $28.69 a year later, immediately after it has paid a dividend of $4.18. What is the capital gain rate for this transaction? NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign. A stock is bought for $29.45 and sold for $35.96 a year later, immediately after it has paid a dividend of $3.97. What is the dividend yield for this transaction? NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign. You own a portfolio that has $3,764 invested in Stock A and $7,514 invested in Stock B. If the expected returns on these stocks are 9.33% and 11.67%, respectively, what is the expected return on the portfolio? NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign.
Suppose that you owned 1000 shares of stocks in SM. You purchased the shares at a price of Php856 per share and sold them at the closing price of the stock at Php835. 2. a) ignoring dividends, what was you profit or loss on the sale of the stock? b) if your broker charges 1.9% of the total sale price, what was the broker's commission?
Suppose that an investor purchases the common stock at the current market price of $58/share and simultaneously sells for $12 a call to buy the shares at the strike price of $50. At the expiration of the call, price of stock is $77. What is the net profit on the position for this investor? (Round your answer the nearest dollar, do not enter with the dollar sign)
Mr. Cruz bought 5,000 MXT shares at P2.00. He received cash dividends of P0.20 per share. The par value is P1.0 per share and market price is P3.00. Assuming that the investor sold all his shares, how much capital gains is realized on the sale of shares of stocks (disregard commission and other charges)?a. 6000b. 10,000c.5,000d.11,000
Mr. Cruz bought 4,000 TYB shares at P3.00. He received cash dividends of P0.25 per share. The par value is P1.0 per share and market price is P4.00. Assuming that the investor sold all his shares, how much is the capital appreciation on the investments of the shares of stocks (disregard commission and other charges)? a. 17,000 b. 6,000 c. 5,000 d. 14,000
If you own 14 shares of RoGu stock priced at $35.30 per shareand you purchased the stock at the price of $25.54 and the stock paid a dividend of $1.1, what was your return percentage. (Provide a percentage return in decimal format, a profit of 23.221%, should be written as 0.23221, please use at least 5 decimal places and do not use $ symbol in the answer) I
Use the given partial stock table round dollar amounts to the nearest cent when necessary. Gary Walters owned 400 shares of stock in general electric. he purchased the shares at a price of $38.05 per share and sold them at the closing price of the stock given in the table. A) ignoring dividends what was Garry's profit or loss on the sales of the stock? B) if his broker charges 2.3% of the total sale price, what was the brokers commission? is this a profit or a loss?
Assuming there were no buying/selling fees, what would be the total capital gain if 173 shares of ABCD stock were purchased for $40.67 per share and all 173 shares were sold for $54.14 per share? Round your answer to the nearest penny.
III.Determine the total transaction fee of each stock investment when it will be sold. Complete the table below and round off your answer to the nearest hundredths. Fees Gross Trade Amount Computation 1000 shares x P217.75 Amount P (13) less Broker's Commission Value Added Tax PSE transaction fee 0.0025 x P 217, 750 (15). (17). (19). (21). (14). (16). (18) _(20). (22), _(23). 0.12 x P 0.00005 x P Clearing Fee Sales tax 0.0001 x P 0.005 x P Total
The Royal Gold’s stock currently sells for RM 90 per share. The firm issued rights to raise new equity. To purchase a new share, a stockholder must remit RM 25 and four rights. (Tip: use ratio perspective to approximate the share of quantity.) (a) Calculate the price of one right.
The Royal Gold’s stock currently sells for RM 90 per share. The firm issued rights to raise new equity. To purchase a new share, a stockholder must remit RM 25 and four rights. (Tip: use ratio perspective to approximate the share of quantity.) (a) Compute the ex-rights stock price.