Gunther originally pay for stock


Gunther earned the 62.5 percent return on stock that he bought one year ago. The stock is now worth $12, and he received the dividend of $1 throughout the year. How much did Gunther originally pay for stock?

A. $7.00

B. $7.50

C. $8.00

D. $8.50

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Gunther originally pay for stock
Reference No:- TGS0874843

Expected delivery within 24 Hours