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The Umbrella Corporation (Nasdaq: EVIL) has the following statistics: Share price, end of year - $27 Book value per share, beginning of year $19.50 Book
The Umbrella Corporation (Nasdaq: EVIL) has the following statistics:
Share price, end of year - $27
Book value per share, beginning of year $19.50
Book value per share, end of year $20.70
P/E ratio, beginning of year 12.3x
P/E ratio, end of year 11.8x
Dividends paid during the year - $1.10
Last year EVIL held a share buyback of 1.5% of its outstanding shares. Inflation was flat during the year. According to the Grinold-Kroner formula, what was the companys total return during the year
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