Question
Suppose you purchased a single share of Costcos common stock for $294.06 on January 2, 2020, the first day that the stock market was open
Suppose you purchased a single share of Costcos common stock for $294.06 on January 2, 2020, the first day that the stock market was open for trading that year. During 2020, you received $12.75 in cash dividends. At the end of the year, you sold the stock for $374.45. You earned $12.75 in dividends, and you realized a $80.39 capital gain for a total dollar return of $93.14. Based on this information, what was the percentage that you generated from the dollar return?
(You may round your final answer to the nearest hundredth.)
Group of answer choices
25%
32%
21%
27%
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