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
Related questions
Question
M4

Transcribed Image Text:Since 2012, Alstate (ALL) has paid dividends every year at the following amount
2012
$0 88
2013
$1.00
2014
$1 12
2015
$1 20
2016
$1 32
You had purchase Allstate stock because you just started your home and auto insurance with Allstate and thought you would invest in ther stock You purchased 25
2012 for $27 74/share Allstate closed on Fnday. Apri 7, 2017 at S81 11/ share
What has been your annualized growth from your investment in Alstate?
OA 183%
OB 28 7%
OC 35 6%
OD 25 3%
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