You buy 100,000 ISK. at nominal value in slandsbanki shares and pays ISK 9,800,000 for it. A

You buy 100,000 ISK. at nominal value in Íslandsbanki shares and pays ISK 9,800,000 for it. A year later, the share price of Íslandsbanki has reached 99.80. In addition, you will receive a 5% dividend on the nominal value of the shares. What was your return in one year?

Answer rating: 100% (QA)

You bought 100000 ISK nominal value of slandsbanki shares for ISK ... View the full answer