8) An ABC Ltd share was selling for $8.01 two years ago. The share sold for $9.02 one year ago, and it is currently sell
Posted: Tue Jan 18, 2022 12:57 pm
8) An ABC Ltd share was selling for $8.01 two years ago. The
share sold for $9.02 one year ago, and it is currently selling for
$27.27. ABC Ltd pays a $0.99 dividend each year-end. What was the
rate of return for owning ABC shares in the most recent year? (In
percentages to two decimal places eg 2.881% is 2.88; don’t use %
sign)
Answer:
share sold for $9.02 one year ago, and it is currently selling for
$27.27. ABC Ltd pays a $0.99 dividend each year-end. What was the
rate of return for owning ABC shares in the most recent year? (In
percentages to two decimal places eg 2.881% is 2.88; don’t use %
sign)
Answer: