Henry invested $10,000 in 200 shares of DEF stock. The stock paid $4 in dividends per share

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Henry invested $10,000 in 200 shares of DEF stock. The stock paid $4 in dividends per share during the year. He sold the shares at the end of the year for $82 per share.

What was his rate of return? Show your calculations.

Related Book For answer-question

Financial Accounting

ISBN: 978-1259103285

5th Canadian edition

Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M

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Posted Date: Mar 21, 2024 10:36 AM

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Henry invested $10,000 in 200 shares of DEF stock. The stock paid $4 in dividends per share

Question:

Expert Answer:

To calculate Henrys rate of return we need to consider both the dividend income and the capita... View the full answer

Financial Accounting

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