An investor states, I bought this stock for $50 several years ago and it now sells for

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An investor states, “I bought this stock for $50 several years ago and it now sells for $100. It paid $5 per share in dividends last year so I’m earning 10% on my investment.” Criticize this statement. LO3 

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Accounting The Basis For Business Decisions

ISBN: 9780070415515

5th Edition

Authors: Robert F. Meigs, Walter B Meigs

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