Mr Aleem bough some stocks of urnas Itd for $500 each. At the end of year, he got $5 per share as dividend and then he sold the shares at $605 each. What will be the returns on his investment?? 19% O22% 20% 21%

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
Problem 2PROB
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Mr Aleem bough some stocks of
urnas Itd for $500 each. At the end
of year, he got $5 per share as
dividend and then he sold the shares
at $605 each. What will be the
returns on his investment??
● 19%
●22%
20%
21%
Transcribed Image Text:Mr Aleem bough some stocks of urnas Itd for $500 each. At the end of year, he got $5 per share as dividend and then he sold the shares at $605 each. What will be the returns on his investment?? ● 19% ●22% 20% 21%
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