Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I am trying to calculate the rate of return on AAPL with dividends for years 2017 and 2018. I am using the formula [(P1 -
I am trying to calculate the rate of return on AAPL with dividends for years 2017 and 2018.
I am using the formula [(P1 - Po) / (Po)] *100 where P1 is the ending price (current price) and Po is the starting price from one year ago.
P1 = 150.73 and p0 = 169.23
I am not sure how to incorporate the dividends.
Thank you for any insight.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started