You purchased 500 shares of a stock at a price of $22.50 per share. One year later,
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Question:
You purchased 500 shares of a stock at a price of $22.50 per share. One year later, the shares sold for $21 each. At that end of the year, a $1.50 per share dividend was paid.
What is the total percentage return for the investment?
A. -7.1%
B. -6.7%
C. 0.0%
D. 6.7%
E. 7.1%
Related Book For
Financial Markets And Institutions
ISBN: 978-0132136839
7th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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