Thank you for visiting 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. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Answer: 23.55%
Explanation:
Based on the information given in the question, first, we've to calculate the dollar return which will be:
= (Ending value - Beginning value) + Income
= ($62.50 × 500) - ($50.95 × 500 + $0.45 × 500)
= $6000
The percent return will then be:
= $6000 / (50.95 × 500)
= 23.55%
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