You bought Coca-Cola stock 3 years ago for $45/share. It paid dividends at the end of the
Fantastic news! We've Found the answer you've been seeking!
Question:
- You bought Coca-Cola stock 3 years ago for $45/share. It paid dividends at the end of the first, second and third years of $2/share, and you sold it for $50/share. Assuming you could reinvest the dividends at 2% per year, what is the annualized HPR on Coca-Cola stock over this 3-year period?
Expert Answer:
Posted Date:
