Question
Suppose a stock had an initial price of $117 per share, paid a dividend of $3.95 per share during the year, and had an ending
Suppose a stock had an initial price of $117 per share, paid a dividend of $3.95 per share during the year, and had an ending share price of $129. Compute the percentage total return. (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
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Financial Management
Authors: Rajiv Srivastava, Anil Misra
2nd Edition
0198072074, 9780198072072
