Asked by Anonymous

You purchase a stock at a price of $73, and a year later the price increases to $85. You also received a dividend of $2.50. Calculate the rate of return.

Answers

Answered by Reiny
gain = (85-73) + 2.5 = 14.5

rate of return = 14.5/73 = .19863 or 19.863 %
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions