Compute return on stock if price of stock is given
At the beginning of the year, you purchased a share of stock for $40. Over the year the dividends paid on the stock were $5.00 per share. Calculate the return on a stock if the price of the stock at the end of the year is $30 and $50.
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Over the year dividends paid on stock were $5.00 per share. Compute return on stock if price of stock at the end of the year is $30 and $50.
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