Question
You invest $250 into ABC Corp. stock (currently selling at $62.50 per share). At the end of one year, the stock is at $70.50 and
You invest $250 into ABC Corp. stock (currently selling at $62.50 per share). At the end of one year, the stock is at $70.50 and has paid a $1.10 per share dividend during the year. What is your return on investment for this period? You use a discount broker so there are no commissions or sales charges.
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman
5th Edition
0367335417, 978-0367335410
