Solved: On december 31 the shareholder sold all the shares for 16, Accounting Basics

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On december 31 the shareholder sold all the shares for 16

Question - On January 1, a shareholder purchased 20 shares of stock in ABC company for $14 per share. On June 30, the company paid a $1.50 dividend per share. On December 31, the shareholder sold all the shares for $16 per share. What is the overall Economic Rate of Return for this investment?

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Accounting Basics: On december 31 the shareholder sold all the shares for 16

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Accounting Basics: On december 31 the shareholder sold all the shares for 16

Reference No:- TGS02818247

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