Last year, you purchased a stock at a price of $70.00 a share. Over the course of the year, you received $1.50 per share in
Last year, you purchased a stock at a price of $70.00 a share. Over the course of the year, you received $1.50 per share in dividends and inflation averaged 2 percent. Today, you sold your shares for $73.20 a share. What is your approximate real rate of return on this investment?
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Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
