Question
What would be the return on 200 shares of stock purchased on January 1, 2005 for $60 per share and sold on December 31, 2005
What would be the return on 200 shares of stock purchased on January 1, 2005 for $60 per share and sold on December 31, 2005 at $80 per share? Also assume that the company paid dividends of $2 per share over the year. The prices include all brokerage fees. Round to the nearest whole percent.
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Multinational Financial Management
Authors: Alan C Shapiro, Paul Hanouna
11th Edition
1119559901, 9781119559900
