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5. An investor purchased shares on 4/1/A for $360. During the year quarterly dividends of $2 per share were declared and paid. The market price
5. An investor purchased shares on 4/1/A for $360. During the year quarterly dividends of $2 per share were declared and paid. The market price of the stock on 12/31/A was $3905. What is the investor's annual return?
a. positive 10%
b. positive 12.6%
c. positive 13.3%
d. positive 16.7 %
e. positive 2.3%
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