Which equation do i use a or b to answer this question, Ask an Expert

Finance

Which equation do I use, A or B, to answer this question correctly? and Can you show how to solve this problem, step by step please?

A: Selling Price - Dividends + Purchase Price/ Purchase Price

B: Selling Price +Dividends - Purchase Price/ Purchase Price

1. A stock costs $47.50 and has produced dividends of $1.75, $1.82 and $1.84 for each year it is owned. When the stock is sold, it sells for $46.92. What is the total percentage return?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91791592

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