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Yesterday dayne sold the 250 shares of the Johnson & Johnson stock that he owned for $61 per share. When he purchased the stock two years ago, dayne paid $59.50 per share. Every three months during the time that he held the stock, dayne received a quarterly dividend equal to $.50. (a) what return yield did dayne earn during the two years that he held J$J? (b) if the price of the stock was $63 per share one year ago, what return did dayne earn each year he held the stock? (problem worked out if possible)
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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