Solution-What would his annual rate of return be

What would his annual rate of return be

Reference no: EM131724291

One year ago, Tom bought 500 shares of ABC Corp. common stock for $27.70 and received $1.12 cash dividends. ABC is currently trading for $37.68. If he sells ABC today for $37.68, what would his annual rate of return be?

Reference no: EM131724291

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What would his annual rate of return be

Reference no: EM131724291

Reference no: EM131724291

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Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

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Small business administration

Effect of financial leverage

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