An investor bought 200 CYH shares at P50.00. He received cash dividends of P2.00 per share. The company also declares split dividend of 2-1. The market price after the declaration of split is P60.00....


An investor bought 200 CYH shares at P50.00.  He received cash dividends of P2.00 per share.  The company also declares split dividend of 2-1.  The market price after the declaration of split is P60.00.  Assuming that the investor sold all his shares at the date of declaration, how much profit is realized on the sale of shares of stocks (disregard commission and other charges)?



Jun 06, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here