Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose a stock had an initial price of $58 per share, paid a dividend of $1.90 per share during the year, and had an ending
Suppose a stock had an initial price of $58 per share, paid a dividend of $1.90 per share during the year, and had an ending share price of $68. |
Compute the percentage total return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
Total return | % |
Will upvote the answer. Much appreciated.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started