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1.Panday, Inc. purchased 100 shares of Metalz, Inc. common stock for Php 25 per share one year ago.During the year, Metalz, Inc. paid cash dividends

1.Panday, Inc. purchased 100 shares of Metalz, Inc. common stock for Php 25 per share one year ago.During the year, Metalz, Inc. paid cash dividends of Php 2 per share.The stock is currently selling for Php 30 per share.If Panday sells all of his shares of Metalz, Inc. today, what rate of return would he realize?

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