Question
A couple bought some stock for $ 30 per share that pays an annual dividend of $ 0.60 per share. After 2 years the price
A couple bought some stock for $30per share that pays an annual dividend of $0.60per share. After 2 years the price of the stock was $33.
a) What was the return on Investment?
b) Find the simple interest rate on the growth of their investment
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
