Question

A couple bought some stock for $30 per share that pays an annual dividend of $1.20 per share. After 2 years the price of the stock was $33.

(a) What is the return on investment?


(b) Find the simple interest rate on the growth of their investment.

Answer 1

Answer: 16%

Step-by-step explanation: When your finding the stock you have to find out the percentage of the how much it went up