Two years ago, you purchased 500 shares of West Coast Inc. at a price of $80...

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Two years ago, you purchased 500 shares of West Coast Inc. at a price of $80 per share. Today, after receiving a dividend per share of $ you sold your shares at $76. This dividend payment was the only one you receive during the two-year holding period. Your total return on these 500 shares is 5%. How much dividend per share did you receive? -" Two years ago, you purchased 500 shares of West Coast Inc. at a price of $80 per share. Today, after receiving a dividend per share of $ you sold your shares at $76. This dividend payment was the only one you receive during the two-year holding period. Your total return on these 500 shares is 5%. How much dividend per share did you receive? -"

Answer rating: 100% (QA)

Step 1 Concept A dividend is the smallest part of the total profits earned by the companies which ar... View the full answer