In April 2020, Philip purchased 1,000 shares at $20/share in Crazy Inc. In April 2021, as Philip

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In April 2020, Philip purchased 1,000 shares at $20/share in Crazy Inc. In April 2021, as Philip needed money for his tuition, he decided to sell his shares as they hit $25/share. During this one year, he received $1,900 in total dividend payments.

What was Philip's investment return?

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Understanding Business Ethics

ISBN: 9781506303239

3rd Edition

Authors: Peter A. Stanwick, Sarah D. Stanwick

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Posted Date: Dec 28, 2023 05:18 AM

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In April 2020, Philip purchased 1,000 shares at $20/share in Crazy Inc. In April 2021, as Philip

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To calculate Philips investment return we need to subtract the total amount ... View the full answer

Understanding Business Ethics

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