HillCom Corp stock was $75.00 per share at the end of last year. Since then, it...
HillCom Corp stock was $75.00 per share at the end of last year. Since then, it paid a $2.50 per share dividend last year. The stock price is currently $78.00. If you owned 100 shares of HillCom, what was your percent return?
Homework Answers
% return=(End price-Beginning price+Dividends)Beginning price
=(78-75+2.5)/75
which is equal to
=7.33%(Approx).
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