You invested in stock for which you paid $4,000. What is the rate of return if the
Question:
You invested in stock for which you paid $4,000. What is the rate of return if the stock increases in value by $200 and pays an annual dividend of $50?
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...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
Question Posted: