Question
Jack purchased a share one year ago for $7.66, and it is now worth $15.09. The share paid a dividend of $1.36 during the year.
Jack purchased a share one year ago for $7.66, and it is now worth $15.09. The share paid a dividend of $1.36 during the year.
What was the share's income rate of return during the year? (as a percentage to the nearest two decimal points. dont use % sign. eg 2.881% is 2.88)
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
