You buy a 100 shares of GOOGL for $1,460 per share. One year from now, you receive
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You buy a 100 shares of GOOGL for $1,460 per share. One year from now, you receive a dividend of $100 per share and sell your position for $1,100 per share. There are no taxes or transaction costs, and you receive no other dividends. What is the effective annualized return (EAR) for your investment in GOOGL?
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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