Bob purchases 100 shares of Disney (DIS) stock on October 26th, 2015 at $107.96 per share....
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Bob purchases 100 shares of Disney (DIS) stock on October 26th, 2015 at $107.96 per share. Three years later on October 25, 2018, Bob sells the 100 shares for $113.28 per share. In addition, Bob received a dividend of Year 1 $1.42 per share Year 2 $1.56 per share Year 3 $1.68 per share What was Bob's annualized rate for the three years for Disney? A. 4.26% B. 8.62 % C. 2.97 % D.3.68 % Bob purchases 100 shares of Disney (DIS) stock on October 26th, 2015 at $107.96 per share. Three years later on October 25, 2018, Bob sells the 100 shares for $113.28 per share. In addition, Bob received a dividend of Year 1 $1.42 per share Year 2 $1.56 per share Year 3 $1.68 per share What was Bob's annualized rate for the three years for Disney? A. 4.26% B. 8.62 % C. 2.97 % D.3.68 %
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