Bobby buys one share of DIS for $55. One year later the DIS pays a $5 dividend
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Question:
Bobby buys one share of DIS for $55. One year later the DIS pays a $5 dividend and he buys another share for $60. After one more year, he sold both shares for $70 per share. What’s his dollar-weighted return?
a. -21.91%
b. 12.70%
c. 17.20%
d. None of the above
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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