I spent $1000 to buy 100 shares, sold them for $1200. What is the amount of dividents earned (1/12 of the stated amount) and what is my total profit/loss:(selling price - purchase price + 1/12 of the dividend - 1% of the selling price)?
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I spent $1000 to buy 100 shares, sold them for $1200. What is the amount of dividents earned (1/12 of the stated amount) and what is my total profit/loss:(selling price - purchase price + 1/12 of the dividend - 1% of the selling price)?
Could you make your question clearer? Im not quite following you.
Is this a Homework question?
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