If you reinvested all dividends, what would be the dollar value of your position on last day of 2021?

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST3: The Stock Market: Its Function, Performance, And Potential As As Investemtn Opportunity
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Suppose you invested $1 in SPY on the last day of 2019.
If you reinvested all dividends, what would be the dollar value of your position on ti
last day of 2021?
Transcribed Image Text:Suppose you invested $1 in SPY on the last day of 2019. If you reinvested all dividends, what would be the dollar value of your position on ti last day of 2021?
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