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On November 20, 2019, Shayne purchased 1,500 shares for a total of $5,450 in the company called Montreal Inc. During this one-year period, he received
On November 20, 2019, Shayne purchased 1,500 shares for a total of $5,450 in the company called Montreal Inc. During this one-year period, he received $5.75/share in dividends. Shayne sold them on November 19, 2020 as the share price went to $34.40/share upon the news that their coronavirus vaccine appears to be effective. What is Shayne's investment return during the one year that he held the shares?
- 48.37%
- 1,863%
- 19%
- 1,006%
- 46.25%
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