A couple bought some stock for $30 per share that pays an annual dividend of $0.90 per
Question:
A couple bought some stock for $30 per share that pays an annual dividend of $0.90 per share. After 2 years, the price of the stock was $33.
(a) What is the return on investment?
(b) Find the simple interest rate on the growth of their investment.
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a 33 2090 30 480 48030 01...View the full answer
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Related Book For 
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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