Terry Corporation
One year ago, Jason purchased 50 shares of Terry Corporation stock at $20 per share. Today, one year later, the stock pays a $2 per share dividend and the price is now $22 per share.
-Refer to Terry Corporation.What is the total percentage return on the investment for the one year?

Question

Quizplus · Accepted Answer

r = ( $2 + ($22-$20))/$20 = $4 / $20 = .20

Terry Corporation One Year Ago, Jason Purchased 50 Shares of Terry Corporation