4. Using a Spreadsheet to Calculate Stock Returns: At the beginning of the year, you purchased a...
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4. Using a Spreadsheet to Calculate Stock Returns: At the beginning of the year, you purchased a share of stock for $50. Over the year the dividends paid on the stock were $4.50 per share. Calculate the return on a stock if the price of the stock at the end of the year is
$40, $48, $50, and $55. ( LG 8-5 )
Price at Price at Beginning End of ⴝ>
of Year Dividends Year The Return Is
$50 $4.50 $40 11.00%
50 4.50 48 5.00 50 4.50 50 9.00 50 4.50 55 19.00
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Related Book For
Financial Markets And Institutions
ISBN: 9780071086745
5th International Edition
Authors: Anthony Saunders, Marcia Cornett
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