Question
Suppose you buy stock at a price of $44 per share. Three months later, you sell it for $50. You also received a dividend of
| Suppose you buy stock at a price of $44 per share. Three months later, you sell it for $50. You also received a dividend of $.44 per share. What is your annualized return on this investment?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
