You purchased 100 shares of stock for a share price of $16.27. You sold the...

80.2K

Verified Solution

Question

Accounting

image
You purchased 100 shares of stock for a share price of $16.27. You sold the stock two years later for a share price of $19.08. You also received total dividend payments of $1.95 per share. What was your total return on your investment? Your

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students