Question
During the year Toyota Motor Company shares went from 7434 to 5997, while paying a dividend of 70. At the same time, the exchange rate
During the year Toyota Motor Company shares went from 7434 to 5997, while paying a dividend of 70. At the same time, the exchange rate went from $1 = 107.09 to $1 = 104.34. What was the total dollar return, in percent, on Toyota stock for the year?
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Understanding financial statements
Authors: Lyn M. Fraser, Aileen Ormiston
9th Edition
136086241, 978-0136086246
