On January 1, Lisa buys 10 shares in Pebble Inc. at a cost of $20 per share.
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Question:
On January 1, Lisa buys 10 shares in Pebble Inc. at a cost of $20 per share. During the year, Lisa receives a dividend cheque of $30, and at December 31, Pebble Inc.'s shares are trading at $24 per share. What is Lisa's return on investment this year?
Expert Answer:
To calculate Lisas return on investment we need to consider the following 1 The cost of ... View the full answer
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