Blaxo Balloons manufactures and distributes birthday balloons. At the beginning of the year​ Blaxo's common stock was selling for ​$19.93 but by year end it was only ​$17.82. If the firm paid a total cash dividend of $1.98 during the​ year, what rate of return would you have earned if you had purchased the stock exactly one year​ ago? What would your rate of return have been if the firm had paid no cash​ dividend?       Question content area bottom Part 1 The rate of return you would have earned is enter your response here​%. ​(Round to two decimal​ places.)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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 Blaxo Balloons manufactures and distributes birthday balloons. At the beginning of the year​ Blaxo's common stock was selling for
​$19.93
but by year end it was only
​$17.82.
If the firm paid a total cash dividend of
$1.98
during the​ year, what rate of return would you have earned if you had purchased the stock exactly one year​ ago? What would your rate of return have been if the firm had paid no cash​ dividend?
 
 
 

Question content area bottom

Part 1
The rate of return you would have earned is
enter your response here​%.
​(Round to two decimal​ places.)
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