Solved

You Purchased a Stock for $46

Question 21

Multiple Choice

You purchased a stock for $46.70 a share and resold it one year later.Your total return for the year was 11.2 percent and the dividend yield was 2.8 percent.At what price did you resell the stock?


A) $42.78
B) $50.62
C) $51.93
D) $52.08
E) $57.54

Correct Answer:

verifed

Verified

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

Related Questions