At the beginning of the year, you buy a share of IBM stock for $120. If during
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At the beginning of the year, you buy a share of IBM stock for $120. If during the year you receive a dividend of $2.50, and IBM stock is selling for $130 at the end of year, what was your rate of return from investing in the stock?
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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Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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