3. Calculating Dollar Returns You purchased 250 shares of a particular stock at the beginning of the year at a price of $104.32. The stock paid a dividend of $2.34 per share, and the stock price at the end of the year was $113.65. What was your dollar return on this investment?

3. Calculating Dollar Returns You purchased 250 shares of a particular stock at the beginning of the year at a price of $104.32. The stock paid a dividend of $2.34 per share, and the stock price at the end of the year was $113.65. What was your dollar return on this investment?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

is $78.
3. Calculating Dollar Returns You purchased 250 shares of a particular stock
at the beginning of the year at a price of $104.32. The stock paid a dividend
of $2.34 per share, and the stock price at the end of the year was $113.65.
What was your dollar return on this investment?
LO 1
ating Roturns
Sunnose Vou bought a hor
taDual coupon

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