A stock traded at $100 on January 1. On June 15, it paid a dividend of $1.50 per share and was trading at $90 per share. On December 15, it paid a dividend of $1.55 per share and was trading at $105 per share. The share price on December 31 was $108. The annual return for this stock was:

1) 8.33%

2) 12.75%

3) 8.00%

4) 11.42%

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is 833 Explanation On January 1 a stock traded at 100 per share On Jun... View the full answer