Question
One year ago, you purchased 291 shares of XYZ stock for $115.32 per share. During the year, you received dividend of $2.49 per share. Today,
One year ago, you purchased 291 shares of XYZ stock for $115.32 per share. During the year, you received dividend of $2.49 per share. Today, you sold all your shares for $155.13 per share. What is the percentage return on your investment?
Note: Round to the nearest 2 decimal percentage point.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
