Answered step by step
Verified Expert Solution
Question
1 Approved Answer
One year ago, you purchased 500 shares of Quiches to Go stock for $4,800. The company pays a quarterly dividend of $0.10 per share. Today,
One year ago, you purchased 500 shares of Quiches to Go stock for $4,800. The company pays a quarterly dividend of $0.10 per share. Today, you sold all of your shares for $7,450. What is your total percentage return on this investment?
38.46 percent | ||
48.10 percent | ||
59.38 percent | ||
61.55 percent | ||
63.54 percent |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started