What was the total return for mr guessford investment

Reference no: EM131486621

Question: Four years ago, Ken Guessford purchased 200 shares of Mountain View Manufacturing. At the time, each share of Mountain View was selling for $30. He also paid a $24 commission when the shares were purchased. Now, four years later, he has decided it's time to sell his investment. The Mountain View share price when sold was $32.50. In addition, he paid a $36 commission to sell his shares. He also received total dividends of $1.80 per share over the four-year investment period.

a. What is the total amount of dividends Mr. Guessford received over the four-year period?

b. What was the total return for Mr. Guessford's investment?

Reference no: EM131486621

Questions Cloud

Utilitarianism is that it is both empirical and rationalist : One of the aspects of Mill's brand of Utilitarianism is that it is both empirical and rationalist

Banking services for indigenous remote customers : How to provide banking services for indigenous remote customers.

What is a personal essay : ENG 115:Use first person point of view (POV) and the appropriate voice and tone throughout your paper.Did you check the punctuation?

Automated storage and retrieval systems : Describe an AS/RS (Automated Storage and Retrieval Systems ).

What was the total return for mr guessford investment : Four years ago, Ken Guessford purchased 200 shares of Mountain View Manufacturing. At the time, each share of Mountain View was selling for $30.

Research-writing assignment : What kind of OD assignment (e.g., Learning Activity, research-writing assignment, manageable field-based project, Prezi presentation)

The ethical and social responsibilities of business : discuss whether the book's premise is defendable in light of the ethical and social responsibilities of business.

Calculate the earnings per share for each company : Karen Newton is trying to decide between two different stock investments, and she asks for your help. Information about each investment is below.

What would happen if kyle raised his price : If the market for lawn mowing services is perfectly competitive, what would happen if Kyle raised his price

User Account

All Pages