ate 2 differences between stocks and bonds. You bought 2000 shares of Canadian Tire at $215 ach on 30th September 2021. The Face Value of the share is $10. The company paid a 20% cash ividend and 10% stock dividend in 2021. If you sell all your shares today at $189, calculate your

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
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4. State 2 differences between stocks and bonds. You bought 2000 shares of Canadian Tire at $215
each on 30th September 2021. The Face Value of the share is $10. The company paid a 20% cash
dividend and 10% stock dividend in 2021. If you sell all your shares today at $189, calculate your
total profit/loss under this scenario. (Please show workings when necessary) (2+3=5)
Transcribed Image Text:4. State 2 differences between stocks and bonds. You bought 2000 shares of Canadian Tire at $215 each on 30th September 2021. The Face Value of the share is $10. The company paid a 20% cash dividend and 10% stock dividend in 2021. If you sell all your shares today at $189, calculate your total profit/loss under this scenario. (Please show workings when necessary) (2+3=5)
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