Question
William owns one share of park stock. He purchased the stock 3 years ago for $17.50. The stock is currently trading for $40 per share.
William owns one share of park stock. He purchased the stock 3 years ago for $17.50. The stock is currently trading for $40 per share. The stock has paid the following dividends over the past 3 years: Year 1 $1.00, Year 2 $2.00, Year 3 $3.00. What is the compounded rate of return (IRR)
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
