Question
Joe owns 200 shares of Seaside Properties. The stock paid a $0.75 dividend per share this period, and its price now is $42.50 per share.
Joe owns 200 shares of Seaside Properties. The stock paid a $0.75 dividend per share this period, and its price now is $42.50 per share. If Joe paid $38.75 per share for the stock at the beginning of the period,
what is his total dollar return?
what is his total rate of return?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate Joes total dollar return we first need to find the total amount of dividends h...
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
