HydroTech Corp. stock was $40 per share a year ago when it was purchased. Since then, it paid a $5 per share dividend. The stock price is currently $36. If you owned 1,000 shares of HydroTech, what was your percent return for the past year?

HydroTech Corp. stock was $40 per share a year ago when it was purchased. Since then, it paid a $5 per share dividend. The stock price is currently $36. If you owned 1,000 shares of HydroTech, what was your percent return for the past year?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter8: Basic Stock Valuation

Section: Chapter Questions

Problem 1P: Thress Industries just paid a dividend of 1.50 a share (i.e., D0 = 1.50). The dividend is expected...

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Question

Hii expert give me answer and not use chart gpt general accounting

HydroTech Corp. stock was $40 per
share a year ago when it was
purchased. Since then, it paid a $5 per
share dividend. The stock price is
currently $36. If you owned 1,000
shares of HydroTech, what was your
percent return for the past year?

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