Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You bought 100 shares of stock at $20 each. At the end of the year, you received a total of $400 in dividends, and your
You bought 100 shares of stock at $20 each. At the end of the year, you received a total of $400 in dividends, and your stock was worth $2,500 total. What was your total return?
Which of the following is the correct answer?
50%
None of these
45%
90%
20%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started