18 years ago, I purchased 185 shares of a stock worth $14.25 per share. There was a...
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Question:
18 years ago, I purchased 185 shares of a stock worth $14.25 per share. There was a 2:1 split, a 4:1 split, and a 3:1 split during that time period. Today the stock is worth $1.53 per share. If the dividend yield was on average 13% during the last 18 years, what was the total rate of return?
Round your answer to the nearest whole number.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: