Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One year ago, you purchased 200 shares of XP stock at a price of $32.19 a share. The company pays an annual dividend of $2.31

One year ago, you purchased 200 shares of XP stock at a price of $32.19 a share. The company pays an annual dividend of $2.31 per share. Today, you sold for the shares for $36.97 a share. What is your total percentage return on this investment? O 19.43% O 12.32% O 22.03% O 57.62% O 22.74%
image text in transcribed
One year ago, you purchased 200 shares of XP stock at a price of $32.19 a share. The company pays an annual dividend of $2.31 per share. Today, you sold for the shares for $36.97 a share. What is your total percentage return on this investment? 19.43% 12.32% 22.03% 57.62% 22.74%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions