Suppose a stock had an initial price of $57 per share, paid a dividend of $1.00 per share during the year, and had an ending share price of $62. Compute the percentage return. Question 18 options: 5.53% 14.53% 9.53% 10.53% 8.53%
Suppose a stock had an initial price of $57 per share, paid a dividend of $1.00 per share during the year, and had an ending share price of $62. Compute the percentage return. Question 18 options: 5.53% 14.53% 9.53% 10.53% 8.53%
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 10P
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Question
Suppose a stock had an initial price of $57 per share, paid a dividend of $1.00 per share during the year, and had an ending share price of $62. Compute the percentage return.
Question 18 options:
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5.53%
|
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14.53%
|
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9.53%
|
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10.53%
|
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8.53%
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