FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
A publicly-traded company that manufactures medical supplies wishes to evaluate its overall performance on the market compared to its competitors. Their beginning stock price for the year was $3.78 per share. Their ending stock price was 5.48 per share and the average price per share was 4.63. They paid 1.30 in dividends to each share with a growth rate of 5%. What is their total shareholder return rate?
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