What total yield did mr brown earn during the four year


Mr. Brown sold 300 shares of stock. He had purchased the stocks four years ago at $30 per share. the table below shows the change in value of the stock at the end of each year.

Year Market Value Dividend per Share

1. $50 .50

2. $75 .75

3. $80 .80

4. $90 .90

What total yield did Mr. Brown earn during the four year period he held the stock?

What return did Mr. Brown earn for each year he held the stock.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What total yield did mr brown earn during the four year
Reference No:- TGS02666933

Expected delivery within 24 Hours