Juan purchased shares in ABC company for $5,000 three years ago. During these three years...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Juan purchased shares in ABC company for $5,000 three years ago. During these three years he received $600 in cash dividends. He just sold the stock for $4,300. What was his total return on this investment?
Enter your answer to two decimal places. Do not include the % symbol. Example: if your answer is -10.22% enter -10.22
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!