Problemsuppose you buy stock at a price of 78 per share 4, Ask an Expert

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Problem:

Suppose you buy stock at a price of $78 per share. 4 months later, you sell it for $83. You also received a dividend of $0.52 per share.

Required:

Question: What is your annualized return on this investment?

Note: Please explain comprehensively and give step by step solution.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91171572

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