Calculate the share price

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Reference no: EM132487201

Point 1: An investor purchased 6 800 shares for R17,62 per share in 2018. He sold 1 800 shares for R19,40 shortly before dividends of 60c per share were declared. A year later, in 2019, his total wealth was R122 920, including shares and cash from the share sale.

Question 1: Calculate the share price in 2019. Round off the calculated share price to the nearest cent.

Question 2: Calculate the percentage return the shareholder has achieved between 2018 and 2019.

Reference no: EM132487201

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