You purchased 500 shares in A Limited on 1 January 2015 for $85 per share. Now,...

You purchased 500 shares in A Limited on 1 January 2015 for $85 per share. Now, assume that the stock pays an annual dividend of $12 per share. On 31 December 2015, the market price is $91 per share. What is your total dollar return for the year?

A. $3 000

B. $6 000

C. $9 000

D. $45 500

Solutions

Expert Solution

Total Dollar Return = (P1-P0+ Dividend )

Total Dollar Return = ( 91-85+12)*500

Total Dollar Return for the year = $9,000

Correct option : C : 9,000

jeff jeffy answered 2 years ago

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