ou purchased a stock at a price of $57.74. The stock paid a dividend of $2.11 per share and the stock price at the end of the year was $64.80. What was the total return for the year?
ou purchased a stock at a price of $57.74. The stock paid a dividend of $2.11 per share and the stock price at the end of the year was $64.80. What was the total return for the year?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 4P
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You purchased a stock at a price of $57.74. The stock paid a dividend of $2.11 per share and the stock price at the end of the year was $64.80. What was the total return for the year?
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