A stock that sold for $ per share at the beginning of the year was selling for $ at the end of the year. If the stock paid a dividend of $ per share, what is the simple interest rate on the investment in this stock? Consider the interest to be the increase in value plus the dividend.

"A stock that sold for $26 per share at the beginning of the year was selling for $52 at the end of the year. If the stock paid a dividend of $9.82 per share, what is the simple interest rate on the investment in this stock? Consider the interest to be the increase in value plus the dividend."

total interest received (your gain) = (year end market value - purchase price) + dividends received = ($52 - $26) + $9.82 = $35.82
initial investment (purchase price) = $26

simple interest rate of return on investment = total interest received / initial investment = $35.82 / $26 = 1.3777 or 137.77%

A stock that sold for ​$ per share at the beginning of the year was selling for ​$ at the end of the year. If the stock paid a dividend of ​$ per​ share, what is the simple interest rate on the investment in this​ stock? Consider the interest to be the increase in value plus the dividend.

Respuesta :

Otras preguntas

A stock that sold for $ per share at the beginning of the year was selling for $ at the end of the year. If the stock paid a dividend of $ per share, what is the simple interest rate on the investment in this stock? Consider the interest to be the increase in value plus the dividend.