What is your total dollar return on this investment

Assignment Help Financial Management
Reference no: EM131023180

Four months ago, you purchased 1,200 shares of LBM stock for $9.30 a share. Last month you received a dividend payment of $.065 a share. Today, you sold the shares for $8.62 a share. What is your total dollar return on this investment?

Reference no: EM131023180

Previous Q& A

  What is the maximum initial cost of company

Och, Inc., is considering a project that will result in initial aftertax cash savings of $1.77 million at the end of the first year, and these savings will grow at a rate of 1 percent per year indefinitely.What is the maximum initial cost of company ..

  Explore the relationship between humanity and the divine

Explore the relationship between humanity and the divine - Compare and contrast how one of these topics is developed in The Odyssey and Dantes Inferno.

  How many ways to select a subset of eight candies

How many ways to select a subset of eight candies from three types of candies if at most two candies of the first type can be chosen?How many ways are there to pick a collection of exactly 10 balls from a pile of red balls, blue balls, and purple bal..

  Are shareholders willing to finance the project

A firm is contemplating whether to invest in a new project. The project requires an investment of 1 unit and can be “good” or “bad.” If the project is good, it pays off 1.5 units. If it is bad, it pays of 0.5 units. The manager and shareholders are r..

  A manufacturer has determined

A manufacturer has determined that the total cost C of operating a factory is  C(x)=1.5x^2+45x+15000

  Humans and animals cost significantly different prices

Discuss some unique pricing issues faced by companies that operate in the pharmaceutical industry. What are some reasons why pharmaceutical companies often sells identical drugs for dramatically different prices in different countries? How can the sa..

  Observation regarding sound financial systems

An International Monetary Fund Factsheet makes the following observation regarding sound financial systems: "A country's financial system . . . provide[s] a framework . . . [for] supporting economic growth." Do you agree with this observation? Bri..

  Find the face value of a loan

Mark Golden needs $ 5255.57 to pay for remodeling work. His bank loans money at a discount rate of 9% for 270 days. Find the face value of a loan so he will have $ 5255.57 proceeds at the time of the loan.

  Which one of the following is a source of cash

Which one of the following is a source of cash?a. A decrease in inventory.b. An increase in fixed assets.c. A decrease in long-term debt.d. The payment of a cash dividend.e. An increase in accounts receivable.

  How it is possible for people to continue to use a currency

On January 1, 2002, Germany officially adopted the euro as its currency, and the deutsche mark stopped being legal tender. According to an article in the Wall Street Journal, even 10 years later many Germans continued using the deutsche mark, and ..


Write a Review


Similar Q& A

  What stock price will you get a margin call

You sell short 200 shares of Doggie Treats Inc. that are currently selling at $25 per share. You post the 50% margin required on the short sale. If your broker requires a 30% maintenance margin, at what stock price will you get a margin call?

  What is the effective interest cost to the borrower

John wants to buy a property for $105,000 and wants an 80% loan. The lender indicates that a fully amortizing loan can be obtained for 30 years at 12% MEY, with loan origination fees (all lender controlled fees) of $3,500. What is the effective inter..

  In a market-the equilibrium condition

In a market, the equilibrium condition is given by the following: Suppose that there is a tax of $1 per unit, and the elasticity of supply is 3 and the elasticity of demand is 2 (in absolute value). How much of the $1 tax is paid by sellers? Which of..

  Explain the cash conversion cycle and net working capital

Explain the cash conversion cycle (CCC) and net working capital. Why is this important to the contemporary executive? How do executive decisions regarding CCC and net working capital affect the company?

  Market risk premium-reward-to-risk ratios for stocks

Stock Y has a beta of 1.8 and an expected return of 18.2 percent. Stock Z has a beta of .8 and an expected return of 9.6 percent. If the risk-free rate is 5.2 percent and the market risk premium is 6.7 percent, the reward-to-risk ratios for stocks Y ..

  What was the firms economic value added

For 2013, Chelmsford Stores reported $11,500 of sales and $5,000 of operating costs (including depreciation). The company has $20,500 of total invested capital, the weighted average cost of that capital (the WACC) was 10%, and the federal-plus-state ..

  About purchasing bond of disk storage systems

Jim Busby calls his broker to inquire about purchasing a bond of Disk Storage Systems. His broker quotes a price of $1,130. Jim is concerned that the bond might be overpriced based on the facts involved.

  About the annual net patient revenues

Community Hospital has annual net patient revenues of $150 million. At the present time, payments received by the hospital are not deposited for six days on average. The hospital is exploring a lock-box arrangement will promises to cut the six days t..

  Expects to generate net income

Nielson expects to generate net income of $20 million over the next year. Currently Nielson has 8 million shares outstanding and its stock is trading at $20.00 per share. Nielson's EPS is closest to __________.

  What is the projects IRR

Project k costs $56,312.34, it's expected cash inflows are $12,000 per year for 10 years, and it's WACC is 13%. What is the project's IRR? Round your answer to two decimal places.

  What are the portfolio weights and what is its beta

A stock has a beta of 1.25 and an expected return of 12.3 percent. A risk-free asset currently earns 4.05 percent. Required: (a) What is the expected return on a portfolio that is equally invested in the two assets? If a portfolio of the two assets h..

  Characterized by high fixed costs

The beer industry is characterized by high fixed costs. If a brewery is operating below capacity, this likely means that it can lower the average cost of the beer it is brewing. Which of the following reasons to 'go global' does this concept align wi..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd