Jill purchased a share for $30 last year. She found out today that she had a -100 per cent return on his investment. Which of the following must be true? Select one:
a. The share is worth $30 today
b. The share is worth $0 today
c. The share paid a dividend during the year.
d. Both b and c must be true.
b. The share is worth $0 today
Return=(Dividend Paid+Ending Share Price)/Beginning Share Price-1
-100%=(Dividend+Ending Share Price)/30-1
=>Dividend+Ending Share Price=0
As Dividend>=0 and Ending Share Price>=0
So, Dividend=0 and Ending Share Price=0
Jill purchased a share for $30 last year. She found out today that she had a...
Jill purchased a share for $30 last year. She found out today that she had a -100 per cent return on his investment. Which of the following must be true? Select one: a. The share is worth $30 today b. The share is worth $0 today c. The share paid a dividend during the year. d. Both b and c must be true.
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