Question
Suppose a stock had an initial price of $52 per share, paid a dividend of $1.7 per share during the year, and had an ending
Suppose a stock had an initial price of $52 per share, paid a dividend of $1.7 per share during the year, and had an ending share price of $64. Compute the percentage total return.
The return of any asset is the increase in price, plus any dividends or cash flows, all divided by the initial price. The return of this stock is:
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
