Meg bought a stock for $120/share. One year later, she sold the stock for $136.50, just after it paid an annual dividend of $3.50/share. What was Meg's total return over the 1-year holding period? O 16.7% O 11.25% 2.9% 13.75%

Meg bought a stock for $120/share. One year later, she sold the stock for $136.50, just after it paid an annual dividend of $3.50/share. What was Meg's total return over the 1-year holding period? O 16.7% O 11.25% 2.9% 13.75%

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section: Chapter Questions

Problem 2P

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Question

100%

Meg bought a stock for $120/share. One year later, she sold the stock for $136.50,
just after it paid an annual dividend of $3.50/share. What was Meg's total return
over the 1-year holding period?
O 16.7%
O 11.25%
O2.9%
13.75%

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