Question
Question 2: Paula purchased stock with an initial share price of $30, and sold it when the share price was $60. While she owned the
Question 2:
Paula purchased stock with an initial share price of $30, and sold it when the share price was $60. While she owned the stock, she earned $4 in dividends.
What was her total percentage return on the investment?
- a.)156.67%
- b.)56.70%
- c.)213.33%
- d.)113.33%
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
9th edition
125956455X, 978-1259564550
