Question
You invested $4,794 in a certain stock 17 years ago. You decided to sell your shares today, the rate of return would be 1.6%. How
You invested $4,794 in a certain stock 17 years ago. You decided to sell your shares today, the rate of return would be 1.6%. How much money would you earn if you sell your shares today? Round your answer to the nearest dollar.
19 years ago, I purchased 97 shares of a stock worth $13.26 per share. There was a 2:1 split, a 3:1 split, and a 3:1 split during that time period. Today the stock is worth $3.48 per share. If the dividend yield was on average 15% during the last 19 years, what was the total rate of return? Round your answer to the nearest whole number.
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