Answer to Question #38590 in Finance for phyllis kyeame

Question #38590
1. An investor bought 5,000 preferred shares (par value $1.00) of BC Resources at $.75.5 and received a dividend of $.05. He then sold them at $.80. What was the investor’s total gain in dollars? What was the percentage gain?
1
Expert's answer
2014-01-30T08:22:07-0500

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal