Question
Could you help me, anyone for this problem? This question is confusing. 1. On Jan 1 (pretend the market was open) you purchased 125 shares
Could you help me, anyone for this problem? This question is confusing.
1. On Jan 1 (pretend the market was open) you purchased 125 shares of common stock in GE for $16 per share. You sold it one year later (Dec 31) for $19 per share, and it paid a quarterly dividend of 25 cents per share during the time you held it. What is your total rate of return on this stock? ______________%
2. You purchased a stock for $50 one year ago. It is now worth $56, and it paid $7 in total dividends during the time you have held it. What is your rate of return on this stock from the dividends only? __________%
3. What is your total rate of return if you sell the stock today? _________________%
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