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CaHeK987 [17]
3 years ago
10

Numerical Measurements Practice problems: 1. Four years ago, Ken purchased 200 shares of Walmart (WMT) for $30 each share Now, f

our years later, he decided to sell all those shares for $32.50 per share. He also received total dividends of $1,80 per share over the four-year period. a. What is the total amount of dividends Ken received for 4 years? b. What was the total return for the investment?
​
Business
1 answer:
Ivahew [28]3 years ago
5 0

Answer:

a) total dividends received over the four year period = $1.80 per share x 200 shares = $360

b) total return on investment = (total selling price + total dividends earned - initial investment) / initial investment = ($6,500 + $360 - $6,000) / $6,000 = 14.33%

in $, Ken's total return = $6,500 + $360 - $6,000 = $860

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Answer:

See below

Explanation:

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Answer:

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Answer:

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3 years ago
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Free_Kalibri [48]

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