Question: Hello, I got -9.65%, just checking my work. Thank you! Suppose a stock had an initial price of $36.56 per share, paid a dividend of
Hello, I got -9.65%, just checking my work. Thank you!
Suppose a stock had an initial price of $36.56 per share, paid a dividend of $8.78 per share during the year, and had an ending share price of $32.63. Compute the percentage total return. Answer as a percentage to two decimals (if you get -0.0435, you should answer 4.35). -9.65
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
