Question
Assume that a stock pays $2 per share annual cash dividend, its earnings per share is $4.00, and that during the year its market price
Assume that a stock pays $2 per share annual cash dividend, its earnings per share is $4.00, and that during the year its market price increased from $30 to $35 per share. Calculate the return on the stock (show your calculation).
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
