Multiple Choice
Suppose you owned stock in a company for the last three years. You originally bought the stock three years ago for $30 and just sold it for $56. The stock paid an annual dividend of $1.35 on the last day of each of the past three years. What is your realized return on this investment?
A) 15.36 percent
B) 36.14 percent
C) 26.85 percent
D) 37.58 percent
E) None of these choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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