The shares of Nike, Inc., traded at $57.83 per share at the beginning of fiscal year 2010
Question:
The shares of Nike, Inc., traded at $57.83 per share at the beginning of fiscal year 2010 and closed at $73.38 per share at the end of the year. Nike paid a dividend of$1.06 cents per share during the year. What was the return to holding Nike's shares during 2010?
DividendA 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...
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The stock return is the change in price plus th...View the full answer
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Related Book For 
Financial Statement Analysis and Security Valuation
ISBN: 978-0078025310
5th edition
Authors: Stephen Penman
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