Excelsior shares are currently selling for $29 each. You bought 200 shares one year ago at $26 and received dividend payments of $1.25 per share. What was your total rate of return?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Excelsior shares are currently selling for $29 each. You
bought 200 shares one year ago at $26 and received
dividend payments of $1.25 per share. What was your
total rate of return?
Transcribed Image Text:Excelsior shares are currently selling for $29 each. You bought 200 shares one year ago at $26 and received dividend payments of $1.25 per share. What was your total rate of return?
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