Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You purchased a stock at a price of $54.09. The stock paid a dividend of $1.91 per share and the stock price at the end
You purchased a stock at a price of $54.09. The stock paid a dividend of $1.91 per share and the stock price at the end of the year was $60.35. What was the total return for the year?
-
11.57%
-
14.32%
-
3.53%
-
13.54%
- 15.10
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