The return on the stock is computed as shown below:
= ( Sale price - Purchase price + Dividend ) / Purchase price
Sale price is computed as follows:
= $ 56 x 100
= $ 5,600
Purchase price is computed as follows:
= $ 35 x 100
= $ 3,500
Dividend received = $ 302
Plugging these values in the above mentioned formula, we shall get:
= ( $ 5,600 - $ 3,500 + $ 302 ) / $ 3,500
= 68.63% Approximately
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