Question: Please solve using an excel formula such as =FV or =price. An investor bought 450 shares for $8,500 one year ago. The stock does not

Please solve using an excel formula such as =FV or =price.
An investor bought 450 shares for $8,500 one year ago. The stock does not pay regular dividends but it paid a special dividend of $.55 a share last week. Today the investor sold the shares for $19.50 a share. What was the total percentage return on this investment
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
