Solved

Gwen Purchased a Stock One Year Ago for $25, and It

Question 22

Multiple Choice

Gwen purchased a stock one year ago for $25, and it is now worth $31. The stock paid a dividend of $1.50 during the year. What was the stock's rate of return from dividend income during the year?


A) 6%
B) 15%
C) 24%
D) 26%

Correct Answer:

verifed

Verified

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

Related Questions