How much capital gain or loss will sally have on her shares

Assignment Help Finance Basics

Reference no: EM13287615

Kelsey Drums, Inc., is a well- established supplier of fine percussion instruments to orchestras all over the United States. The company class A common stock has paid a dividend of $ 5.00 per share per year for the last 15 years. Management expects to continue to pay at that amount for the foresee-able future. Sally Talbot purchased 100 shares of Kelsey class A common 10 years ago at a time when the required rate of return for the stock was 16%. She wants to sell her shares today. The current required rate of return for the stock is 12%. How much capital gain or loss will Sally have on her shares?

Reference no: EM13287615

Questions Cloud

Determine the probabilies for the various values of x : Let X be the maximum of the number of heads obtained when carlos and joe each flip a fair coin twice. Show the mapping from S to Sx, the range of X find the probabilies for the various values of X

Calculate the power dissipated in the resistor : a 4-omega and 6-omega resistor are connected in series to a battery with V=12V. Calculate the power dissipated in the 6-omega resistor

Calculate johnson debt ratio : Calculate Johnson's debt ratio assuming the firm uses only debt and common equity. Round your answer to two decimal places.

What was the particles initial velocity : A particle has an acceleration of 6.19 m/s^2 for 0.350 s. What was the particle's initial velocity

How much capital gain or loss will sally have on her shares : The current required rate of return for the stock is 12%. How much capital gain or loss will Sally have on her shares?

Discuss the relationship among the various returns : Discuss the relationship among the various returns that you find for each of these stocks.

Obtain a set of equations relating to symmetrical components : A three phase star connected load is connected across a three phase balanced supply system. Obtain a set of equations relating to symmetrical components of theline and phase voltages.

What is the magnitude of the tension in the rope : A block of weight 43.6 N is hanging from a rope. The tension from the rope is pulling upward on the block. What is the magnitude of the tension in the rope

Find the magnitude and direction of acceleration of block : A block of weight 36.1 N is hanging from a rope. The tension in the rope is 48.5 N, pulling upward on the block. find the magnitude and direction of the acceleration of the block

User Account

All Pages