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You purchased a share of stock for $87.45 twelve years ago and just sold it today for $115.83. No dividends were paid out over the
You purchased a share of stock for $87.45 twelve years ago and just sold it today for $115.83. No dividends were paid out over the twelve years but you did receive an accumulated dividend of $35.70 when you sold the stock. What is your (a) Simple Annual Return; and Compounded Annual Return?
- A.
4.7%; 6.1%
- B.
5.8%; 3.4%
- C.
3.4%; 5.8%
- D.
6.1%; 4.7%
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