Question
You purchased 300 shares of a particular stock at the beginning of the year at a price of $76.63. The stock paid a dividend of
You purchased 300 shares of a particular stock at the beginning of the year at a price of $76.63. The stock paid a dividend of $1.60 per share, and the stock price at the end of the year was $83.14. |
Required: |
What was your dollar return on this investment? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Dollar return | $ |
Youve observed the following returns on Doyscher Corporations stock over the past five years: 24.6 percent, 13.4 percent, 29.8 percent, 2.2 percent, and 21.2 percent. The average inflation rate over this period was 3.22 percent and the average T-bill rate over the period was 4.3 percent. |
Required: |
(a) | What was the average real return on the stock? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
Average real return | % |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started