Question 2. 2. If an investor purchases a share of stock for $300, collects a dividend during the year equal to $35 a share, and sells the stock at the end of the year for $289, what is the investor’s return for the year? (Points : 1)

Question

Question 2. 2. If an investor purchases a share of stock for $300, collects a dividend during the year equal to $35 a share, and sells the stock at the end of the year for $289, what is the investor’s return for the year? (Points : 1) 
        12.11%
        8.30%
        8.00%
        15.33%

Reiny · Answer

return on stock = 289+35 = 324 profit = 24 rate of return = 24/300 = .08 = 8%