Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8.If your stock moves from $88 to $110 over one year and also pays $3 in dividends, the rate of return would be: Answer as
8.If your stock moves from $88 to $110 over one year and also pays $3 in dividends, the rate of return would be: Answer as a percent return to the nearest hundredth of a percent as in xx.xx without entering a percent symbol. For negative returns include a negative sign.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started