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Suppose a stock had an initial price of $40 per share, paid a dividend of $1.50 per share during the year, and had an ending share price of $50. Compute the percentage of total return. A) 27.5% B) 28.75% C) 30.5%

Suppose a stock had an initial price of $40 per share, paid a dividend of $1.50 per share during the year, and had an ending share price of $50. Compute the percentage of total return. A) 27.5% B) 28.75% C) 30.5%

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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Suppose a stock had an initial price of $40 per share, paid a dividend of $1.50 per share during the year, and had an ending share price of $50. Compute the percentage of total return. A) 27.5% B) 28.75% C) 30.5%
Transcribed Image Text:Suppose a stock had an initial price of $40 per share, paid a dividend of $1.50 per share during the year, and had an ending share price of $50. Compute the percentage of total return. A) 27.5% B) 28.75% C) 30.5%
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