Question
An investor purchased a stock for $22.35 and sold it one year later for $29.07. The investor also received a dividend payment of $0.22.
An investor purchased a stock for $22.35 and sold it one year later for $29.07. The investor also received a dividend payment of $0.22. What was the investor's realized return? (Enter your answer as a decimal rounded to 4 decimal places, not a percentage. For example, enter .0153 instead of 1.53%.)
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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