FedEx Corp. stock ended the previous year at $117.79 per share. It paid a $1.30 per...
FedEx Corp. stock ended the previous year at $117.79 per share.
It paid a $1.30 per share dividend last year. It ended last year at
$121.09.
If you owned 420 shares of FedEx, what was your dollar return and
percent return? (Round "Percent return" to 2 decimal
places.)
Homework Answers
dollar return=(End value-Beginning value+Dividend)*420 shares
=(121.09-117.79+1.30)*420
=$1932
% return=(End value-Beginning value+Dividend)/Beginning value
=(121.09-117.79+1.30)/117.79
=3.91%(Approx).
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