Suppose a stock had an initial price of $75 per share, paid a dividend of $1.80 per share during the year, and had an ending share price of $83. Compute the percentage of total return.

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter7: Valuation Of Stocks And Corporations
Section7.4: Valuing Common Stocks
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Suppose a stock had an initial price of $75 per share, paid a
dividend of $1.80 per share during the year, and had an ending
share price of $83. Compute the percentage of total return.
Transcribed Image Text:Suppose a stock had an initial price of $75 per share, paid a dividend of $1.80 per share during the year, and had an ending share price of $83. Compute the percentage of total return.
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