Jill purchased a share one year ago for $6.05, and it is now worth $11.95. The...
Jill purchased a share one year ago for $6.05, and it is now worth $11.95. The share paid a dividend of $1.20 during the year. What was the share's rate of return from capital appreciation during the year? (as a percentage to the nearest two decimal points. don’t use % sign. eg 2.881% is 2.88)
Homework Answers
capital appreciation=(End value-Beginning value)/Beginning value
=(11.95-6.05)/6.05
which is equal to
=97.52(Approx).
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