Question

To calculate your return on a stock: If you bought a stock at $80 and earned a $3.00 dividend over the year and at the end of the year the stock value was $84, your return would be:

a. 8.75%
b. 8%
c. 9%
d. 9.25%

Answer 1

new value: $87
new-orig= $7
7/80= 0.0875=87.5%