Question
You purchase $850 worth of a stock at $8.50/share. The number of shares that you own will increase 1.5% quarterly based on dividend. If
You purchase $850 worth of a stock at $8.50/share. The number of shares that you own will increase 1.5% quarterly based on dividend. If you expect the value of the stock to triple and you hold the stock for 30 years, what is your expected return on investment?
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To calculate the expected return on investment we need to consider both the capital appreciation of the stock and the dividends received over the 30year period Capital Appreciation If the value of the ...Get Instant Access to Expert-Tailored Solutions
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