If you bought a stock for $85 and sold it for $72 after a year, you also received a dividend of $15 in that year. What was the return you received over the year? A) 2.4% B) 20.8% C) 2.8% D) -15.3% E) 8.1%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What was the return you received over the year on these financial accounting question?

If you bought a stock for $85 and sold it for $72 after a year, you also received a
dividend of $15 in that year. What was the return you received over the year?
A) 2.4%
B) 20.8%
C) 2.8%
D) -15.3%
E) 8.1%
Transcribed Image Text:If you bought a stock for $85 and sold it for $72 after a year, you also received a dividend of $15 in that year. What was the return you received over the year? A) 2.4% B) 20.8% C) 2.8% D) -15.3% E) 8.1%
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