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She purchased Gatorade stock two years ago at $59.57 per share. She earned a dividend of $1.20 and the stock was worth $89.15 at the end of the first year. Gatorade increased the dividend to $1.50 the following year, but the stock price dropped due to investor concerns during the second year, ending the period at $72.03.

Assuming dividends are paid at the end of the year, was her total return (in percentage terms) for each of the two years? Assume dividends are paid at the end of each year

Financial Management, Finance

  • Category:- Financial Management
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