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On December 31, 2016 ADL stock closed at $18.68. Suppose by the end of 2017 the stock closed at $26.75 and paid a dividend of
On December 31, 2016 ADL stock closed at $18.68. Suppose by the end of 2017 the stock closed at $26.75 and paid a dividend of $0.555. What is the year-to-date return for ADL? (A) 46.2% X Correct (B) 43.2% (C) 41.2% (D) 38.2%
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