You buy a stock for $65. The following year you sell it at again and receive a price that is $9 higher than what you paid. You also receive a dividend of 9. Based on the given numbers, your rate of return was. %. M Give your answer with two decimals and with no $ or %. Note for instance that 10% 0.1 10 should be written as 10.00. B Your Answer: Answer
You buy a stock for $65. The following year you sell it at again and receive a price that is $9 higher than what you paid. You also receive a dividend of 9. Based on the given numbers, your rate of return was. %. M Give your answer with two decimals and with no $ or %. Note for instance that 10% 0.1 10 should be written as 10.00. B Your Answer: Answer
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
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Transcribed Image Text:Question 10
You buy a stock for $65. The following year you sell it at again and receive a
price that is $9 higher than what you paid. You also receive a dividend of 9.
Based on the given numbers, your rate of return was. %.
Give your answer with two decimals and with no $ or %. Note for instance that
10% 0.110 should be written as 10.00.
Your Answer:
M
Answer
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