Sprint Nextel Corp. stock ended the previous year at $40.16 per share. It paid a $3.07 per share dividend last year. It ended last year at $35.69. If you owned 750 shares of Sprint, what was your dollar return and percent return? (Negative answers should be indicated by a minus sign. Round "Percent return" to 2 decimal places.) Dollar return Percent return ☑ %
Sprint Nextel Corp. stock ended the previous year at $40.16 per share. It paid a $3.07 per share dividend last year. It ended last year at $35.69. If you owned 750 shares of Sprint, what was your dollar return and percent return? (Negative answers should be indicated by a minus sign. Round "Percent return" to 2 decimal places.) Dollar return Percent return ☑ %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Sprint Nextel Corp. stock ended the previous year at $40.16 per share. It paid a
$3.07 per share dividend last year. It ended last year at $35.69.
If you owned 750 shares of Sprint, what was your dollar return and percent return?
(Negative answers should be indicated by a minus sign. Round "Percent return"
to 2 decimal places.)
Dollar return
Percent return
☑ %
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