You purchased a stock at a price of $497.82. The stock paid a quarterly dividend of $5 per share and the stock price at the end of the year was $589.31. What was the total percentage return for the year? O 18.38% O-18.38% O 22.40% O 1.64% O 19.38%

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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You purchased a stock at a price of $497.82. The stock paid a quarterly dividend of $5 per
share and the stock price at the end of the year was $589.31. What was the total percentage
return for the year?
O 18.38%
O-18.38%
O 22.40%
O 1.64%
O 19.38%
Transcribed Image Text:You purchased a stock at a price of $497.82. The stock paid a quarterly dividend of $5 per share and the stock price at the end of the year was $589.31. What was the total percentage return for the year? O 18.38% O-18.38% O 22.40% O 1.64% O 19.38%
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