Question
Lee purchased a stock one year ago for $24. The stock is now worth $33, and the total return to Lee for owning the stock
Lee purchased a stock one year ago for $24. The stock is now worth $33, and the total return to Lee for owning the stock was 0.38. What is the dollar amount of dividends that he received for owning the stock during the year? Round to two decimal places.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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