Assume that you purchased a share of the Company at the beginning of 2018 for $54.58....

Assume that you purchased a share of the Company at the beginning of 2018 for $54.58. One year later the stock was worth $53.53, but during 2018 you received a cash dividend of $2.32

Calculate the following:

1. Income

2. Capital gain (loss)

3. Total return – a. in dollars; b. as a percent

Expert Solution

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

THERE IS A CAPITAL LOSS, AS ANSWER IS IN NEGATIVE.

jeff jeffy answered 3 hours ago

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