1 suppose a stock had an initial price of 59 per share paid, Ask an Expert

Finance

1. Suppose a stock had an initial price of $59 per share, paid a dividend of $1.5 per share during the year, and had an ending share price of $64. Compute the percentage total return.

2. An investment offers to double your money in 36 months (don’t believe it). What rate per year are you being offered? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Rate %

3. Suppose a stock had an initial price of $76 per share, paid a dividend of $1.35 per share during the year, and had an ending share price of $90. Compute the percentage total return.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92745204

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