The Globe and Mail Report on Business noted that shares of Compact Computers produced a 55 rate of total return in the past year The shares paid a dividend of $0 72 per share during the year, and they currently trade at $37 50 What was the price of the shares one year ago ...

Given Rate of total return 55 Income 072 V f 37 ...

The Globe and Mail Report on Business noted that shares of Compact Computers produced a 55% rate

Question:

The Globe and Mail Report on Business noted that shares of Compact Computers produced a 55% rate of total return in the past year. The shares paid a of $0.72 per share during the year, and they currently trade at $37.50. What was the price of the shares one year ago?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...