Question
One year ago, you bought a share for $6.72. Unfortunately, the share did not pay you any dividends during that year. The share price is
One year ago, you bought a share for $6.72. Unfortunately, the share did not pay you any dividends during that year. The share price is now $9.05. What is the return you received on this share? (as a percentage to the nearest two decimal points.)
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
