Problemyou purchased a share of common stock at 5900 one, Ask an Expert

Finance

Problem:

You purchased a share of common stock at $59.00. One year later, after having received a dividend of $2.00, you noted the stock price was $68.00.

Required:

Question: What is your approximate "return" on this stock for the year?

Note: Be sure to show how you arrived at your answer.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162609

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