Solved: Additionally abc company pays dividend of 120 per share, Accounting Basics

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Additionally abc company pays dividend of 120 per share

Question - Suppose that an investor buys 100 shares of ABC Company's stock for $ 54.00 per share and sells the total 100 share for $ 6,000.00 after one year. Additionally, ABC Company pays dividend of $ 1.20 per share during the year. What is the rate of return on this investment?

13.33%

-7.50%

41.67%

-19.44%

34.00%

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Accounting Basics: Additionally abc company pays dividend of 120 per share

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