Question
Betty Simkins bought some stock on June 17 for$72.25 per share. The stock paid her$1.52 per share in cash dividends on July1, October1, and January
Betty Simkins bought some stock on June 17 for$72.25 per share. The stock paid her$1.52 per share in cash dividends on July1, October1, and January 1. She sold the stock on February 14 and earned a25% realized APY. For what price did she sell thestock? (to the nearestpenny)
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
