Serox stock was selling for $20 two years ago The stock sold for $25 one year ago, and it is currently selling for $28 Serox pays a $1 10 dividend per year What was the rate of return for owning Serox in the most recent year (Round to the nearest percent )

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Serox stock was selling for $20 two years ago  The stock sold for $25 one year ago, and it is currently selling for $28  Serox pays a $1 10 dividend per year  What was the rate of return for owning Serox in the most recent year  (Round to the nearest percent )

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Question

Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox

Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox pays a $1.10 dividend per year. What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.)

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