Calculating Returns Suppose a stock had initial price of $84 per share, paid a dividend of $2.05

Question:

Calculating Returns Suppose a stock had initial price of $84 per share, paid a dividend of $2.05 per share du’4ng the year, and had an ending share price of $97. Compute the percentage total return.

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...