Sprint Nextel Corp. stock ended the previous year at $47.36 per share. It paid a $3.37 per share dividend last year. It ended last year at $42.89. If you owned 950 shares of Sprint, what was your dollar return and percent return? (Negative answers should be indicated by a minus sign. Round "Percent return" to 2 decimal places.)

Sprint Nextel Corp. stock ended the previous year at $47.36 per share. It paid a $3.37 per share dividend last year. It ended last year at $42.89. If you owned 950 shares of Sprint, what was your dollar return and percent return? (Negative answers should be indicated by a minus sign. Round "Percent return" to 2 decimal places.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter7: Common Stock: Characteristics, Valuation, And Issuance

Section: Chapter Questions

Problem 8P

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