You purchase 1000 shares of stock at 45 per share a year, Financial Management

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You purchase 1000 shares of stock at 45 per share a year

You purchase 1,000 shares of stock at $45 per share. A year later the stock pays a dividend of $1.25 per share, and it sells for $49.

(a) Calculate your total dollar return

(b) Calculate your total percentage return

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Financial Management: You purchase 1000 shares of stock at 45 per share a year

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Financial Management: You purchase 1000 shares of stock at 45 per share a year

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