Kites Investments shares are currently selling for $34.75 each. You bought 250 shares one year ago at $30.50 and received dividend payments of $1.50 per share. What was your total rate of return?
Kites Investments shares are currently selling for $34.75 each. You bought 250 shares one year ago at $30.50 and received dividend payments of $1.50 per share. What was your total rate of return?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
What was your total rate of return

Transcribed Image Text:Kites
Investments
shares are
currently selling for $34.75 each.
You bought 250 shares one year
ago at $30.50 and received dividend
payments of $1.50 per share.
What was your total rate of return?
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