Calculate the hernandez total return for investment

Assignment Help Financial Management
Reference no: EM131978023

Sarah and James Hernandez purchased 300 shares of Cisco Systems stock at $19.70 a share. One year later, they sold the stock for $25.15 a share. They paid a broker a $35 commission when they purchased the stock and a $49 commission when they sold the stock. During the 12-month period the couple owned the stock, Cisco Systems paid no dividends.

Calculate the Hernandez's total return for this investment.

Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.

Reference no: EM131978023

Questions Cloud

After researching valero energy common stock : After researching Valero Energy common stock, Sandra Pearson is convinced the stock is overpriced. What is her profit for this short transaction?
Required for consideration by all scholarship programs : Your personal circumstances as related to your financial need for a scholarship. Your academic and career goals
What is the book value for share of casper stock : What is the book value for a share of Casper stock?
Calculate the best-case and worst-case npv figures : Calculate the best-case and worst-case NPV figures.
Calculate the hernandez total return for investment : Calculate the Hernandez's total return for this investment.
Pharmacology nursing be cause i failed my first exam : Hello. Can someone please help me with pharmacology Nursing be cause I failed my first exam. I need help on how to be successful on my other exams
Calculate the capital balance of each partner : Calculate capital balance of each partner in the partnership subsequent to the contributions. Prepare journal entry necessary to record partners contributions
Pension fund offers only two types of plans for retirement : Pension fund offers only two types of plans for retirement, How much you can save under each plan for your retirement date, if annual return you receive is 6%
Opinion or experience to continue the conversation : Quitting. We quit jobs, we quit marriages, we walk out on friendships and sometimes we let people down when the going gets tough. Sometimes it is necessary

Reviews

Write a Review

Financial Management Questions & Answers

  How much money did you make or lose

you decide to Buy to Cover your Short position in USG. How much money did you make or lose?

  Materials-handling machine for its manufacturing operations

Carson Electronics is currently considering whether to ac-quire a new materials-handling machine for its manufacturing operations.

  Calculate the value of the firm and the firm equity

The MoMi Corporation’s cash flow from operations before interest and taxes was $2 million in the year just ended, and it expects that this will grow by 5% per year forever. To make this happen, the firm will have to invest an amount equal to 20% of p..

  What are the major currency exchange regimes

What are the major currency exchange regimes in the world?

  How much did justin originally win

Kelly and Justin each win monetary prizes on the TV show US Icon. how much did Justin originally win?

  Estimate the forward libor interest rate

Explain why the forward interest rate is less than the corresponding futures interest rate calculated from a Eurodollar futures contract.

  What rate of return do they expect to earn on stock

If investors believe the growth rate of dividends is 5% per year, what rate of return do they expect to earn on the stock?

  What was your total real rate of return on investment

If the inflation rate last year was 4.4 percent, what was your total real rate of return on this investment?

  The mirr of the project with discount rate

(Calculating MIRR) Emily's Soccer Mania is considering building new plant. Calculate the? project's MIRR, given a discount rate of 9 percent.

  Equivalent annual annuity for each machine

The Perez Company has the opportunity to invest in one of two mutually exclusive machines that will produce a product it will need for the foreseeable future. Machine A costs $10 million but realizes after-tax inflows of $4 million per year for 4 yea..

  Efficient market hypothesis do you think exists

What form, if any, of the Efficient Market Hypothesis do you think exists?

  Five major project management processes

Kliem (2012) notes there are five major project management processes

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