Question

You purchased a stock at a price of $48.25. The stock paid a dividend of $1.59 per share and the stock price at the end of th
JuveU LAIL SUUPIL Ο 12.98% Ο 3.30% Ο 12.34% Ο 13.62% Ο 10.32%
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Total return = [($53.23 – $48.25) + $1.59] / $48.25

Total return = 0.1362 or 13.62%

Add a comment
Know the answer?
Add Answer to:
You purchased a stock at a price of $48.25. The stock paid a dividend of $1.59...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT