If you buy a share of stock for $22, earn total dividends $1.50 while owning it, and
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Question:
If you buy a share of stock for $22, earn total dividends $1.50 while owning it, and then sell it for $19.00.
Price 0 | Dividend | Price 1 |
---|---|---|
$22.00 | $1.50 | $19.00 |
What is your dollar return?
Your dollar return is $ . Round your answer to the nearest cent.
What is your total rate of return?
Your total return is %. Round your answer to the nearest cent.
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Posted Date: