One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the...
One year ago, you purchased 14 shares of XYZ stock for $93 per share. During the year, you received dividend of $3 per share. Today, you sold all your shares for $108 per share. What is the percentage return on your investment?
Note: Round to the nearest 2 decimal percentage point.
Homework Answers
| Percentage return on investment = ( Selling price of stock - Purchases price of stock + Dividend per share ) / Purchase price of stock = ( 108 - 93 + 3 ) / 93 | 19.35% |
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One year ago, you purchased 14 shares of XYZ stock for $93 per
share. During the...
One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per s...
One year ago, you purchased 17 shares of XYZ stock for $95 per share. During the year, you received dividend of $1 per share. Today, you sold all your shares for $103 per share. What is the percentage return on your investment?
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