Marty's stock broker sent him a report on a stock currently selling at $25.00. The expected dividend is $2.00 next year and the twelve month expected prince is $30.00. The commission for trading stocks is 1.5% of the stock price web bought or when sold. Calculate the expected rate of return after brokerage fees if Marty buys and holds the stock for one year. (Ignore taxes)

Answer rating: 100% (QA)

Heres how to calculate the expected rate of return for Martys stock purchase considering brokerage fees and ignoring taxes Step 1 Calculate total inve... View the full answer