Question
You own 1 share of Martha Stewart Omnimedia for only 1 year.You paid $13.50 for the stock, and while you are not happy that it
You own 1 share of Martha Stewart Omnimedia for only 1 year.You paid $13.50 for the stock, and while you are not happy that it doesn't pay a dividend, you do like the fact that the stock is now selling for $24.00.What was your rate of return on the stock (note:this is a chapter 5 problem - use a formula from THAT chapter).
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
