Amelia Earhart purchased a stock at a price of $54.82. The stock paid a dividend of $1.95 per share and the stock price at the end of the year was $61.24. What was the total return for the year?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
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Amelia Earhart purchased a stock at a price of $54.82. The stock paid a dividend of $1.95 per share and the stock price at the end of the year was $61.24. What was the total return for the year?

 

 
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