Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 46 You bought a stock for $150 and after one year its price is $156 and you also get a dividend of $9. Therefore

image text in transcribed

QUESTION 46 You bought a stock for $150 and after one year its price is $156 and you also get a dividend of $9. Therefore the rate of return for the stock is a. 86 b.8% c 10% d. 12%

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

International Institutions In Trade And Finance

Authors: Alasdair I. MacBean, P. N. Snowden

1st Edition

0043820336, 9780043820339

More Books

Students also viewed these Finance questions

Question

Prepare an ID card of the continent Antarctica?

Answered: 1 week ago

Question

What do you understand by Mendeleev's periodic table

Answered: 1 week ago