Question
You purchased 600 shares for $45.5 each, received a dividend of $0.89 per share, and sold the stock after one year for $38.5 a share.
You purchased 600 shares for $45.5 each, received a dividend of $0.89 per share, and sold the stock after one year for $38.5 a share. a. What was your dividend yield on this investment? b. What was your total dollar return? c. What is Your percentage return?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
