Ten years ago you invested $1,000 for 10 shares of Providien,Inc.common stock.You sold the shares recently for $2,000.While you owned the stock it paid $10.08 per share in annual dividends.What was your rate of return on Providien stock?

Question

Quizplus · Accepted Answer

The Answer of Ten years ago you invested $1,000 for 10 shares of Providien,Inc.common stock.You sold the shares recently for $2,000.While you owned the stock it paid $10.08 per share in annual dividends.What was your rate of return on Providien stock?

Ten Years Ago You Invested $1,000 for 10 Shares of Providien,Inc.common