Investment Return MedTech Corp stock was $50.95 per share at the end of last year. Since then, it paid a $0.45 per share dividend. The stock price is currently $62.50. If you owned 500 shares of MedTech, what was your percent return?
A) 7.20%
B) 8.83%
C) 22.67%
D) 23.55%

Question

Quizplus · Accepted Answer

The percent return is calculated as [(Current Price - Initial Price + Dividend) / Initial Price] * 100. For MedTech: [(62.50 - 50.95 + 0.45) / 50.95] * 100 = 23.55%.

Investment Return MedTech Corp Stock Was $50