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An investor purchased 800 shares of Dmore Inc. stock at a price of $18.45 a share one year ago. The stock pays an annual dividend
An investor purchased 800 shares of Dmore Inc. stock at a price of $18.45 a share one year ago. The stock pays an annual dividend of $1.04 per share. Today, you sold all of your shares for $15.25 per share to pay for a new investment.
1. What was your current income return?
2. What was your return due to the stock price change ?
3. What is your realized total dollar return on this investment over the 1-year time period?
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