Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You purchased 100 shares of AMC stock last year for $55. You just received a $4 dividend, but the stock has fallen to $45. What

You purchased 100 shares of AMC stock last year for $55. You just received a $4 dividend, but the stock has fallen to $45. What is your total percentage return?

a) 5.5% b) 10.9% c) -5.5% d) -10.9%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statement Analysis & Dividend Investing

Authors: Andrew P.C.

1st Edition

1075873940, 978-1075873942

More Books

Students also viewed these Finance questions

Question

1. Outline the directions on the board.

Answered: 1 week ago

Question

What is a verb?

Answered: 1 week ago