Question

Investment Return

FedEx Corp. stock ended the previous year at $116.59 per share. It paid a $1.20 per share dividend last year. It ended last year at $119.89.

If you owned 410 shares of FedEx, what was your dollar return and percent return?

Please round "percent return" to 2 decimal places.

Thank you!!

Answer 1

Dollar return=(End value-Beginning value+Dividends)*410 shares

=(119.89-116.59+1.2)*410

=$1845

% return=(End value-Beginning value+Dividends)/Beginning value

=(119.89-116.59+1.2)/116.59

=3.86%(Approx).