Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One year ago you purchased a share of stock for $19.54. Today you collect a dividend of $2.65 and sell the share for $21.64. What

One year ago you purchased a share of stock for $19.54. Today you collect a dividend of $2.65 and sell the share for $21.64. What was your total return on this investment? Enter your answer as a decimal (not a percent) and round to 4 decimals, for example 0.1234.

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

Recommended Textbook for

Day Trading Strategies And Risk Management

Authors: Richard N. Williams

1st Edition

979-8863610528

More Books

Students also viewed these Finance questions