Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5

Question

Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares? Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares? Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares? Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares? Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares? Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares? Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares? Suppose a stock had an initial price of $18.1 per share, paid a dividend of $2.5 per share during the year, and had an ending share price of $20.5. What are the percentage returns if you own 69 shares?

Explanation / Answer

Your initial investment in the stock = $18.1 * 69 = $1248.9

Dividends received = 2.5*69 = $172.5

Current price = 20.5*69 = $1414.5

That means total return = 172.5+1414.5 = $1587

% return = (1587/1248.9 - 1 )*100 = 27.07%

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

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