Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end
You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the year was $59.46. What was the total return for the year?
14.17%
13.40%
14.94%
11.43%
3.50%
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