Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You bought stock in a company at a price of $43 per share. You recently sold the stock for a price of $38 per share.
You bought stock in a company at a price of $43 per share. You recently sold the stock for a price of $38 per share. While holding the stock, you received dividends of $1.90 per share. What was your total return from this investment? Answer in percent, rounded to two decimal places (e.g. 4.32%=4.32).
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