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Answer the following:

a. The stock of Biversy went from $60 to $66 last year. The firm also paid 80 cents in dividends. Compute the rate of return.

b. During the next year, the dividend paid was $1.60 per share and the stock closed at $62, down from $66 per share. Compute the annual gain or loss for the second year holding period.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9792087

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