What rate of return would you earn
Question:
Company stock is currently selling for $25 a share. Company is expected to pay a dividend of $.75 at end of this year. If company stock is bought today and sold for $29 after receiving the dividend, what rate of return would you earn?
Now Priced at $20 (50% Discount)
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If company stock is bought today and sold for $29 after receiving the dividend, what rate of return would you earn?
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