Question
Jill purchased a share for $6.77 one year ago. The share is now worth $12.66. During the year, the share paid a dividend of $0.59.
Jill purchased a share for $6.77 one year ago. The share is now worth $12.66. During the year, the share paid a dividend of $0.59. What is the total return to Jill from owning the share? (as a percentage to the nearest two decimal points)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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
Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
