Question
Suppose you bought 50 shares of Nightwish, Inc. one year ago today for $50 per share. Over the last year, you've received $5 in dividends.
Suppose you bought 50 shares of Nightwish, Inc. one year ago today for $50 per share. Over the last year, you've received $5 in dividends. As of now, the stock sells for $60 per share. What is your dollar return and percentage return?
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Step: 1
purchase value shares purchase price 50 x 50 250000 dividend receive...
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
17th edition
007802577X, 978-0078025778
