You invest $250 into ABC Corp. stock for a price of $62.50 per share. At the end of one year, you sell your shares for $70.50 per share and you received a $1.10 per share dividend during the year. What is your return on investment for this period?
A) 11.04%
B) 12.36%
C) 13.24%
D) 14.56%
Correct Answer:
Verified
Q53: Mutual fund investors are considered
A) lenders to
Q54: Which of the following would be considered
Q55: In general, _ investments provide you with
Q56: The sacrifice of today's consumption for consumption
Q57: The rate of return on any investment
Q59: An investment of $1 each in two
Q60: Mindy purchased 100 shares of Fly By
Q61: Based on historical performance of various investments,
Q62: A risk-averse investor will
A) not invest in
Q63: You are more likely to take on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents