Abigail bought 28 shares of stock at $30.00 per share. She received dividends of $49.50 during the year. At the end of the year, her stock was valued at $43.50 per share. What was her ROI (Return on Investment)? $30.00 5.9% O 7.2% O $19.50

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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Abigail bought 28 shares of stock at $30.00 per share. She received dividends of $49.50
during the year. At the end of the year, her stock was valued at $43.50 per share. What
was her ROI (Return on Investment)?
$30.00
5.9%
O 7.2%
$19.50
Transcribed Image Text:Abigail bought 28 shares of stock at $30.00 per share. She received dividends of $49.50 during the year. At the end of the year, her stock was valued at $43.50 per share. What was her ROI (Return on Investment)? $30.00 5.9% O 7.2% $19.50
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