Suppose a stock had an initial price of $60 per share, paid a dividend of $1.80 per share during the year, and had an ending share price of $72. Compute the percentage total return. Multiple Choice O O 23.00% 19.17% 28.00% 24.15% 21.85%

Suppose a stock had an initial price of $60 per share, paid a dividend of $1.80 per share during the year, and had an ending share price of $72. Compute the percentage total return. Multiple Choice O O 23.00% 19.17% 28.00% 24.15% 21.85%

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Description: Suppose a stock had an initial price of $60 per share, paid a dividend of $1.80 per shareduring the year, and had an ending share price of $72. Compute the percentage totalreturn.Multiple ChoiceCOO23.00%19.17%28.00%24.15%21.85%

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 1DTM

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