(Calculating rates of return) The common stock of Placo Enterprises had a market price of $8.73 on the day you purchased
Posted: Wed Jul 06, 2022 6:45 pm
(Calculating rates of return) The common stock of Placo Enterprises had a market price of $8.73 on the day you purchased it just one year ago. During the past year the stock had paid a dividend of $0.56 and closed at a price of $10.41. What rate of return did you earn on your investment in Placo's stock?