Question
Mr Sam bought a stock at the price of Rs 60 each share and later sold at the price of Rs 63 each share after
Mr Sam bought a stock at the price of Rs 60 each share and later sold at the price of Rs 63 each share after one year. He also received a dividend of Rs 56 per share during the year. Calculate his expected return on the investment.
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
