One year ago, Mr. Seth Cohen invested $10,400 in 200 shares of First Industries, Inc., stock and jus
Question: One year ago, Mr. Seth Cohen invested $10,400 in 200 shares of First Industries, Inc., stock and just received a dividend of $600. Today, he sold the 200 shares at $54.25 per share.
a. What was his capital gain?
b. What was his total dollar return?
c. What was his percentage return?
d. What was the stock's dividend yield?
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Solution: The solution consists of 2 pages
Solution Format: Word Document
Solution Format: Word Document
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