Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You bought a stock one year ago for $49.36 per share and sold it today for $55.52 per share. It paid a $1.37 per share

image text in transcribed

You bought a stock one year ago for $49.36 per share and sold it today for $55.52 per share. It paid a $1.37 per share dividend today. What was your realized return? The realized return was%. (Round to one decimal place.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Macroeconomics

Authors: Frank, Bernanke, Antonovics, Heffetz

3rd Edition

1259117162, 9781259117169

More Books

Students also viewed these Finance questions

Question

If you were Rob Whittier, how would you resolve this dispute?

Answered: 1 week ago