ezto.mheducation.com Chapters 10/11 Homework Suppose a stock had an ini nnect FI

Question

ezto.mheducation.com Chapters 10/11 Homework Suppose a stock had an ini nnect FINANCE FIN 317, Fall 2015: Section B (10:00 11:15am) ers 10/11 Homework Question 2 (of 6) value 1.50 points You purchased 290 shares of a particular stock at the beginning of the year at a price of $75.53. The stock paid a dividend of $1.05 per share, and the stock price at the end of the year was $82.04 Required What was your dollar return on this investment? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Dolar return rces Difficulty: Basic Worksheet

Explanation / Answer

Dollar return = Dividend + ending price - starting price = 1.05 + 82.04-75.53 = 7.56

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.