Solution-At the end of the first year the stock price is

At the end of the first year the stock price is 6375 per

Reference no: EM13570794

Alvin purchases 1,500 shares of a stock for $55 per share. The share earns a $5 dividend in one year. At the end of the first year, the stock price is $63.75 per share. What is the rate of return on the stock after one year?

Reference no: EM13570794

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At the end of the first year the stock price is 6375 per

Reference no: EM13570794

Reference no: EM13570794

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