An investor purchased a stock one year ago for ​$83.00. It paid an annual cash dividend of ​$3.76 and is now worth ​$96.83. What total return did the investor​ earn? Would the investor have experienced a capital​ gain? Explain

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
Problem 2PROB
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An investor purchased a stock one year ago for

​$83.00.

It paid an annual cash dividend of

​$3.76

and is now worth

​$96.83.

What total return did the investor​ earn? Would the investor have experienced a capital​ gain? Explain

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