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tes Problem 8-7 (LG 8-5) At the beginning of the year, you purchased a share of stock for $48. Over the year the dividends
tes Problem 8-7 (LG 8-5) At the beginning of the year, you purchased a share of stock for $48. Over the year the dividends paid on the stock were $2.50 per share. a. Calculate the return if the price of the stock at the end of the year is $43. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. (e.g., 32.16)) b. Calculate the return if the price of the stock at the end of the year is $53. (Round your answer to 2 decimal places. (e.g., 32.16)) a. Return % b. Return %
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