Last year mike bought 100 shares of dallas corporation


Last year Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $57.75 per share. What rate of return did Mike earn over the year?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Last year mike bought 100 shares of dallas corporation
Reference No:- TGS0627170

Expected delivery within 24 Hours