Question
In 1968 the Micron Company stock went up from $26 to $32 per share and paid a $1.50 dividend. Inflation that year
In 1968 the Micron Company stock went up from $26 to $32 per share and paid a $1.50 dividend. Inflation that year increase from 12% to 15% for the year. What was the real total return for Micron shareholders in 1968?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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