Question

# Investment Return FedEx Corp. stock ended the previous year at \$116.59 per share. It paid a...

Investment Return

FedEx Corp. stock ended the previous year at \$116.59 per share. It paid a \$1.20 per share dividend last year. It ended last year at \$119.89.

If you owned 410 shares of FedEx, what was your dollar return and percent return?

Please round "percent return" to 2 decimal places.

Thank you!!

Dollar return=(End value-Beginning value+Dividends)*410 shares

=(119.89-116.59+1.2)*410

=\$1845

% return=(End value-Beginning value+Dividends)/Beginning value

=(119.89-116.59+1.2)/116.59

=3.86%(Approx).

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