Question
Presented below are the beginning-of-year common share price (P-1). the end-of-year common share price (Pi), and the annual dividend (D) for three competitors- General
Presented below are the beginning-of-year common share price (P-1). the end-of-year common share price (Pi), and the annual dividend (D) for three competitors- General Electric, Philips Electronics NV, and Siemens AG. Pt-1 Pt D General Electric Co $32.28 $34.50 $0.86 Phillips Electronics NV 72.79 72.90 1.28 Siemens AG 27.48 25.36 0.52 (a) Calculate the annual return for each of the three individual securities Round to one decimal place. Use a negative sign with your answers, when appropriate. (b) Which security provided the greatest return over the one-year period?
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Dynamic Business Law
Authors: Nancy Kubasek, M. Neil Browne, Daniel Herron, Lucien Dhooge, Linda Barkacs
5th Edition
1260247899, 978-1260247893
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