You own 300 shares of Western Feed Mills stock valued at $27.54 per share. What

Question

You own 300 shares of Western Feed Mills stock valued at $27.54 per share. What is the dividend yield if your annual dividend income is $342? 8.1 percent 3.4 percent 4.9 percent 4.1 percent 6.4 percent Four months ago, you purchased 1,200 shares of Lakeside Bank stock for $16.96 a share. You have received dividend payments equal to $.66 a share. Today, you sold all of your shares for $17.96 a share. What is your total dollar return on this investment? $1,992 $792 $1,200 $1,584 $3,984 Last year, you purchased a stock at a price of $51.5 a share. Over the course of the year, you received $2 in dividends and inflation averaged 2.7 percent. Today, you sold your shares for $54.5 a share. What is your approximate real rate of return on this investment? 3.5 percent 12.2 percent 9.7 percent 12.4 percent 7.0 percent

Explanation / Answer

6.4 percent $1,992 12.4 percent

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