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11 June, 05:29

You own 50 of Xenon Corporation's 5500 Shares. You purchased them at $75 each. The company decides to issue a dividend of 55,000. What is your ROI?

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  1. 11 June, 05:54
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    Step-by-step explanation:

    Your first step is to figure out how much money each share gets. In other words, what's their cut of the dividend?

    Formula

    Dividend / share = Total dividend / Total number of shares.

    ROI = dividend / Cost * 100

    Givens

    # shares owned = 50

    Total shares issued = 5500

    Dividend total = 55000

    Cost of 1 share = 75

    Note Not all the information is needed.

    Solution

    dividend / share = 55000 / 5500

    dividend / share = 10 dollars.

    ROI = 10/75 * 100

    ROI = 13.3 %
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