Question
A year ago, you purchased 400 shares of R&R, Inc. stock at a price of $20.20 per share. During the time you owned the stock,
A year ago, you purchased 400 shares of R&R, Inc. stock at a price of $20.20 per share. During the time you owned the stock, the company paid you a dividend of $1.00 per share. Today, you sold all of your shares for $22.20 per share. What is your total percentage return on this investment? ENTER YOUR ANSWER AS A PERCENTAGE WITH ONE DECIMAL PLACE
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
