The Busby Corporation had a share price at the start of the year of $26.10, paid a dividend of $0.59 at the end of the year, and had a share price of $29.50 at the end of the year. Which of the following is closest to the rate of return of investments in companies with equal risk to The Busby Corporation for this period?
A) 14%
B) 13%
C) 12%
D) 15%

Question

Quizplus · Accepted Answer

D) $29.50 + $0.59 - $26.10 = $3.99;
$3.99 / $26.10 = 15.29%; rounded to 15%

The Busby Corporation Had a Share Price at the Start