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Use the following information to answer a). WOW Ltd Price Dividend 1 Jan 2020 $41.84 4 March 2020 $0.46 1 July 2020 $38.68 a) Assume
Use the following information to answer a).
WOW Ltd | Price | Dividend |
---|---|---|
1 Jan 2020 | $41.84 | |
4 March 2020 | $0.46 | |
1 July 2020 | $38.68 |
a) Assume that you purchased WOW Ltd shares on 1 Jan 2020 and sold them on 1 July 2020. A dividend of $0.46 was paid on 4 Mar 2020. Calculate the realised return for the period. (2 marks)
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