Compute the rate of return for an investor who pays $10 for a stock and sells the stock one year later for $12. The investor also receives a dividend of $1.31.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Financial Accounting answer do fast and step by step calculation

Compute the rate of return for an investor
who pays $10 for a stock and sells the stock
one year later for $12. The investor also
receives a dividend of $1.31.
Transcribed Image Text:Compute the rate of return for an investor who pays $10 for a stock and sells the stock one year later for $12. The investor also receives a dividend of $1.31.
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