John plc. paid 80 pence per share as a dividend to its shareholders the past year. Therefore the share price given for J

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

John plc. paid 80 pence per share as a dividend to its shareholders the past year. Therefore the share price given for J

Post by answerhappygod »

John plc. paid 80 pence per share as a dividend to its
shareholders the past year. Therefore the share price given
for John plc. was 500 pence at the end of the past year. Its
seen that the arithmetic return of the share was 25% over last
year. What was the share price at the beginning of last year?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”