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MDL Corporation had the following stock prices at the end of each year; 2016: $21, 2017: $23, 2018: $35, 2019: $32. The company paid $1
MDL Corporation had the following stock prices at the end of each year; 2016: $21, 2017: $23, 2018: $35, 2019: $32. The company paid $1 dividend in 2018 and $2 dividend in 2019. Estimate the mean return for this company.
A. 19.9%
B. 21.1%
C. 22.7%
D. 27.8%
Please please include the formula with your answer, I need to be able to do lots of problems like these! Thank you so much!
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