You purchased a stock for $43.1 a share and resold it one year later. Your total return for the year was 8.18 percent an

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

You purchased a stock for $43.1 a share and resold it one year later. Your total return for the year was 8.18 percent an

Post by answerhappygod »

You purchased a stock for $43.1 a share and resold it one year
later. Your total return for the year was 8.18 percent and the
dividend yield was 4.24 percent. At what price (in $) did you
resell the stock? Answer to two
decimals.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply