Suppose a stock had an initial price of $64 per share, paid a dividend of $1.40 per share during the year, and had an ending share price of $76.   Compute the percentage total return.

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Chapter15: Financial Statement Analysis
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Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Suppose a stock had an initial price of $64 per share, paid a dividend of $1.40 per share during the year, and had an ending share price of $76.

 

Compute the percentage total return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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