Question
Six months ago, you bought a stock for $20.50 a share.You sold it today for $22.25, after receiving a dividend of $2.25 earlier in the
Six months ago, you bought a stock for $20.50 a share.You sold it today for $22.25, after receiving a dividend of $2.25 earlier in the day.What was your effective annual rate of return?
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
