Last year Nicole bought 200 shares of Burlington common stock at $255.00 per share. During the year he received dividend

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

Last year Nicole bought 200 shares of Burlington common stock at $255.00 per share. During the year he received dividend

Post by answerhappygod »

Last year Nicole bought 200 shares of Burlington common stock at
$255.00 per share. During the year he received dividends of $3.50
per share. Currently, the shares were sold for $302.00. What is the
rate of return earned by Nicole for the year?
Answer: Yield=_____________________________________
Show Formula and Procedure (explanation)
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”