Question
8) An ABC Ltd share was selling for $8.01 two years ago. The share sold for $9.02 one year ago, and it is currently selling
8) An ABC Ltd share was selling for $8.01 two years ago. The share sold for $9.02 one year ago, and it is currently selling for $27.27. ABC Ltd pays a $0.99 dividend each year-end. What was the rate of return for owning ABC shares in the most recent year? (In percentages to two decimal places eg 2.881% is 2.88; dont use % sign)
Answer:
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Open Market Operations And Financial Markets
Authors: David Mayes , Jan Toporowski
1st Edition
0415417759, 978-0415417754
