What was the annual return for these stocks? 70 shares of stock were purchased for ($ 31.50)

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What was the annual return for these stocks?

70 shares of stock were purchased for $\$ 31.50$ per share 5 years ago. Over the 5 years, the total of all dividends earned from this stock was $\$ 6.34$ per share. The stock is sold for $\$ 34.83$.

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 29, 2024 10:00 AM

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What was the annual return for these stocks? 70 shares of stock were purchased for ($ 31.50)

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Contemporary Mathematics

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