Christine owns a stock that dropped in price from $43.57 per share to $39.49 per share over the past year. The dividend yield on that stock is 1.6 percent. What is her total return on this investment for the year?
A)−11.31%
B)−10.49%
C)−9.11%
D)−8.73%
E)−8.04%

Question

Quizplus · Accepted Answer

The Answer of Christine owns a stock that dropped in price from $43.57 per share to $39.49 per share over the past year. The dividend yield on that stock is 1.6 percent. What is her total return on this investment for the year?
A)−11.31%
B)−10.49%
C)−9.11%
D)−8.73%
E)−8.04%

Christine Owns a Stock That Dropped in Price from $43