Suppose a stock had an initial price of $34 per share, paid a dividend of $1.18 per share during the year, and had an ending share price of $58. Compute the percentage total return. Enter the answer in 4 decimals e.g. 0.1234.
Suppose a stock had an initial price of $34 per share, paid a dividend of $1.18 per share during the year, and had an ending share price of $58. Compute the percentage total return. Enter the answer in 4 decimals e.g. 0.1234.
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 1DTM
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Suppose a stock had an initial price of $34 per share, paid a dividend of $1.18 per share during the year, and had an ending share price of $58. Compute the percentage total return. Enter the answer in 4 decimals e.g. 0.1234.
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