Question
Suppose you buy stock at a price of $58 per share. Five months later, you sell it for $62. You also received a dividend of
| Suppose you buy stock at a price of $58 per share. Five months later, you sell it for $62. You also received a dividend of $.84 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.) |
| Annualized return | % |
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Finance Directors Handbook
Authors: Glynis D Morris, Sonia McKay, Andrea Oates
5th Edition
1566768691, 978-1566768696
