You purchase 1000 shares of spears grinders inc stock for, Ask an Expert

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You purchase 1,000 shares of Spears Grinders, Inc. stock for $45 per share. A year later, the stock pays a dividend of $1.25 per share, and it sells for $49.

a. Calculate your total dollar return.

b. Calculate your total percentage return.

c. Do the answers to parts (a) and (b) depend on whether you sell the stock after one year or continue to hold it?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91591469

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