Question
Suppose that an investor buys 100 shares of ABC Company's stock for $ 54.00 per share and sells the total 100 share for $ 6,000.00
Suppose that an investor buys 100 shares of ABC Company's stock for $ 54.00 per share and sells the total 100 share for $ 6,000.00 after one year. Additionally, ABC Company pays dividend of $ 1.20 per share during the year. What is the rate of return on this investment?
| 13.33% |
| -7.50% |
| 41.67% |
| -19.44% |
| 34.00% |
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
9th edition
125956455X, 978-1259564550
