(a)The stock of Furniture Unlimited went from $90 to $99 last year.The firm also paid 80 cents in dividends.Compute the rate of return.
(b)During the next year,the dividend paid was 1.60 cents per share and the stock closed at $93 per share,down from $99 per share at the beginning of the year.Compute the annual gain or loss for the second year holding period.

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The Answer of (a)The stock of Furniture Unlimited went from $90 to $99 last year.The firm also paid 80 cents in dividends.Compute the rate of return.
(b)During the next year,the dividend paid was 1.60 cents per share and the stock closed at $93 per share,down from $99 per share at the beginning of the year.Compute the annual gain or loss for the second year holding period.

(A)The Stock of Furniture Unlimited Went from $90 to $99