Solution-What rate of return would he realize

What rate of return would he realize

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Question - Panday, Inc. purchased 100 shares of Metalz, Inc. common stock for Php 25 per share one year ago. During the year, Metalz, Inc. paid cash dividends of Php 2 per share. The stock is currently selling for Php 30 per share. If Panday sells all of his shares of Metalz, Inc. today, what rate of return would he realize?

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What rate of return would he realize

Reference no: EM132984552

Reference no: EM132984552

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