Multiple Choice
Investment Return 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:
Verified
Correct Answer:
Verified
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