Question
Mr. X bought one (1) share for AED 15.00 at the beginning of the year. This share paid a dividend of AED 2.50 in the
Mr. X bought one (1) share for AED 15.00 at the beginning of the year. This share paid a dividend of AED 2.50 in the first six months. It again paid a dividend of AED 1.75 in the second six months. Today the share is selling for AED 18.00 on ADX. Calculate the return of this share in one year.
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
