You purchased Butterfly Wing Corp. stock exactly one year ago at a price of $77.95 per share. Over the past year, the stock paid dividends of $2.98 per share. Today, you sold your stock and earned a total return of 15.95 percent. What was the price at which you sold the stock?   Multiple Choice   $96.41   $94.90   $90.38   $92.64   $87.40

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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You purchased Butterfly Wing Corp. stock exactly one year ago at a price of $77.95 per share. Over the past year, the stock paid dividends of $2.98 per share. Today, you sold your stock and earned a total return of 15.95 percent. What was the price at which you sold the stock?

 

Multiple Choice
  •  

    $96.41

  •  

    $94.90

  •  

    $90.38

  •  

    $92.64

  •  

    $87.40

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