Question
Thomas Partner purchased shares of Discovery Cafe on the open January 2 at $40.87 per share. He earned a dividend of $0.13 in March. Thomas
Thomas Partner purchased shares of Discovery Cafe on the open January 2 at $40.87 per share. He earned a dividend of $0.13 in March. Thomas kept his dividend in cash - he did not reinvest it. Discovery Cafe closed at
January: $36.86
February: $37.59
March: $39.60
What is the total time-weighted rate of return for the calendar quarter?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
7th Edition
0072866578, 9780072866575
