Question
Wilma just sold all the share of International Inns stock that she owned for $159 per share. She purchased the stock one year ago for
Wilma just sold all the share of International Inns stock that she owned for $159 per share. She purchased the stock one year ago for $150 per share. If Wilma did not receive any dividend payments during the year, what yield did she earn on her investment?
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
