Question
1. You buy a stock at $45 and hold it three years. The stock pays an annual dividend of $2.50. At the end of 3
1. You buy a stock at $45 and hold it three years. The stock pays an annual dividend of $2.50. At the end of 3 years, you sell the stock for $58. What is your annual HPR on this investment? What is your percentage return on investment (using a financial calculator)?
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
