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One year ago a stock was worth $42. In the past year the stock paid a $3.60 dividend. The price of the stock today is
One year ago a stock was worth $42. In the past year the stock paid a $3.60 dividend. The price of the stock today is $45.81. What are the dollar return and percentage return of the stock over the last year? Round all intermediate calculations to 6 decimal points. Your final dollar return answer should be within $0.01 of the correct answer choice and your final percentage return answer should be within 0.02% of the correct answer choice. A) Dollar return =$7.41, percentage return =9.07% B) Dollar return =$3.81, percentage return =17.64% C) Dollar return =$7.41, percentage return =17.64% D) Dollar return =$3.81, percentage return =9.07%
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