Solved

ABC Company's Stock Had an Initial Price of $50 Per

Question 10

Multiple Choice

ABC Company's stock had an initial price of $50 per share and paid a dividend of $4 per share during the year. Calculate the total rate of return for ABC Company's stock assuming an ending share price of $45.


A) 8%
B) -2%
C) -10%
D) 2%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions