Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

S12-01 Calculating Returns [LO1] Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year,

image text in transcribed

S12-01 Calculating Returns [LO1] Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $71. Compute the percentage total return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely 9.23 % Total return

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

Dividend Policy On Share Price Volatility In Indian Stock Market

Authors: Vijay Deswal

1st Edition

3841859623, 978-3841859624

More Books

Students also viewed these Finance questions

Question

3. How income inequality has changed since 1970.

Answered: 1 week ago

Question

Q.No.1 Explain Large scale map ? Q.No.2 Explain small scale map ?

Answered: 1 week ago

Question

1. Signs and symbols of the map Briefly by box ?

Answered: 1 week ago

Question

Types of physical Maps?

Answered: 1 week ago

Question

6-26. No prob; happy2help!

Answered: 1 week ago

Question

6-25. IMHO, our quad turbo sprayer is best model 4U.

Answered: 1 week ago

Question

6-27. FWIW, I use the L400 myself & it rocks.

Answered: 1 week ago