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You invest in Blossom Corp. stock at a price of $61.25 per share. At the end of one year, you sell your shares for $69.25
You invest in Blossom Corp. stock at a price of $61.25 per share. At the end of one year, you sell your shares for $69.25 per share and you received a $1.15 per share dividend during the year. What is your return on investment for this period?
a. 11.18%
b. 14.94%
c. 13.54%
d. 12.62%
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