a year ago you bought 100 shares of bradley corp. common stock for $32 per share

Question

a year ago you bought 100 shares of bradley corp. common stock for $32 per share. During the year, you received dividends of $2.50 per share. The stock is currently selling for $33.50 per share. suppose you expect the bradley corporation common stock to be selling for $33 per share in one year, and during the next coming year, you expect to receive dividends of $2 per share. What is the total dividend income expected during the year? the total capital gain during the year? the total dollar return?

Explanation / Answer

total dividend income=2.5x100=$250 dollar return=(33.5-32)*100=150 capital gain=250+150=$400

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