One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per s...

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One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per s...

One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per share. Today, you sold all your shares for $103 per share. What is the percentage return on your investment?

business finance

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Answer 1

Answer #1

rate of return = ((Selling price+Dividend)/Purchase price-1)

=((103+1)/95-1)

=9.47%

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Answer 2

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One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per s...

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One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the...

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One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per s...