Answer:
3.75%
Explanation:
Purchase price of the stock = $32
Total return on the stock:
= Purchase price of the stock × Total return
= 32 × 14.62%
= $4.6784
Dividend gain on the stock:
= Purchase price of the stock + Total return on the stock - capital gain - Purchase price
= $32 + $4.6784 - $3.48 - $32
= $1.1984
Dividend yield:
= Dividend gain on the stock ÷ Purchase price of the stock
= $1.1984 ÷ 32
= 3.75%
Answer:
Gain $1,600
Explanation:
Amount Realized = (290 shares × $93) − $240
=$26,970-$240
= $26,730
Adjusted Basis = (290 shares × $86) + $190
=$24,940+$190
= $25,130
Gain = $26,730 − $25,130
= $1,600
Therefore the amount of the gain/loss Kevin must report on his 2019 tax return will be $1,600
Answer:
The answer is $34.36
Explanation:
FV = PV x (1 + R x ((1 + r))^T = $22.6 x (1 + {($1.5 / $22.60) x [1 + (18% / 2)]}^6 = $34.36
