Question
Marti purchased a stock one year ago at a price of $23.89. Over the past year she has received a total of $1.63 in dividends.
Marti purchased a stock one year ago at a price of $23.89. Over the past year she has received a total of $1.63 in dividends. Today she sold the stock for $22.84. What percentage total return did Marti earn on this investment?
A. 2.43%
B. 2.54%
C. 4.40%
D. 6.82%
E. 7.14%
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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