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You paid $89.00 per share of Pepsi Common Stock at the beginning of last year and sold each share for $108.00 at the end of
You paid $89.00 per share of Pepsi Common Stock at the beginning of last year and sold each share for $108.00 at the end of last year. In addition, over the course of the year you received $3.00 per share in annual dividends. Excluding taxes, what is the total return realized on this investment over the course of the year? 1) Between 0 percent and 15.00 percent 2) Between 15.01 percent and 20.00 percent 3) Between 20.01 percent and 25.00 percent 4) Greater than 25.00 percent
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