Solved

Rx Corp Stock Was $60

Question 51

Multiple Choice

Rx Corp. stock was $60.00 per share at the end of last year. Since then, it paid a $1.00 per share dividend last year. The stock price is currently $62.50. If you owned 400 shares of Rx, what was your percent return?


A) 1.67 percent
B) 4.17 percent
C) 5.60 percent
D) 5.83 percent

Correct Answer:

verifed

Verified

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

Related Questions

Q46: Sharif's portfolio generated returns of 12 percent,

Q47: Which of these is the term for

Q48: The past five monthly returns for PG

Q49: MedTech Corp. stock was $50.95 per share

Q50: Which of these is defined as a

Q52: The past three monthly returns for Kohl's

Q53: TechNo stock was $25 per share at

Q54: We commonly measure the risk-return relationship using

Q55: Which of the following makes this a

Q56: Which of the following is an index