Question: Plz help me in this question fast 8. (15 points) Medifast, Inc. (ticker MED) had price $91.09/share at the close of May 17,2020. Suppose that

Plz help me in this question fast
8. (15 points) Medifast, Inc. (ticker MED) had price $91.09/share at the close of May 17,2020. Suppose that it paid a dividend of $2.80/share on September 30, 2020 and was priced at $194.45 immediately after the dividend. MED paid its next dividend of $2.98/share on 3/29/2021, and its share price was $210.37 immediately thereafter. As of the close of May 17,2021, MED was priced at $316.13 A What was the return on MED over the year from May 17, 2020, to May 17,20217 B. If an investor had invested $780,000 in MED on May 17, 2020, and held the position until May 17, 2021. reinvesting any dividends in MED, how much would the investor have upon selling? Assume that fractional share purchases are possible
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
