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Finance Assignment | Professional Writing

Author:
May 27th, 2020

You purchased 175 shares in Apple (Ticker: AAPL) on January 3, 2020 for $296.73. Today, you sold the shares for $299.03. AAPL paid $3 in dividends per share while you held the stock. How much did you receive in dividend payments in total while you held AAPL? Please use three decimals in your calculations (like the example problems), and please round your final answer to two decimal places.

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For example, your answers should be entered as 8.00%, 5.67%, $45.00, $45.88, etc. On February 3, 2020, you purchased 300 shares of JP Morgan Chase (Ticker: JPM) for $133.37. Today, you sold the shares for $188.08 per share. JPM paid a $5 dividend per share while you held the stock. The SPY currently returns 3.50%. What is your abnormal return on your investment? Please use three decimals in your calculations (like the exampl problems), and please round your final answer to two decimal places. For example, your answers should be entered as 8.00%, 5.67%, $45.00, $45.88, etc.

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