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1. A year ago today, you purchased 100 shares of IBT, Inc., common stock for $10 a share and yesterday you sold the stock for
1. A year ago today, you purchased 100 shares of IBT, Inc., common stock for $10 a share and yesterday you sold the stock for $15 a share. The stock paid quarterly dividends for the time you held the stock of $.05 a share. What is your total return on the stock for your holding period of the investment?
1. A year ago today, you purchased 100 shares of IBT, Inc., common stock for $10 a share and yesterday you sold the stock for $15 a share. The stock paid quarterly dividends for the time you held the stock of $.05 a share. What is your total return on the stock for your holding period of the investment?
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