Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If you bought a stock for $75 and sold it for $85 after a year, you also received a dividend of $5 in that year.

If you bought a stock for $75 and sold it for $85 after a year, you also received a dividend of $5 in that year. What was the RETURN you received over the year?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Investments, Valuation and Management

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

8th edition

1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697

More Books

Students also viewed these Finance questions

Question

Help _u.orty *watt!.

Answered: 1 week ago