Calculating rates of return) Blaxo Balloons manufactures and distributes birthday balloons. At the beginning of...
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Calculating rates of return) Blaxo Balloons manufactures and distributes birthday balloons. At the beginning of the year Blaxo's common stock was selling for 52135 but by year end it was only $19.20. If the firm paid a total cash dividend of $2.37 during the year what rate of return would you have earned if you had surchased the stock exactly one year ago? What would you rate of return have been If the firm had paid no cash dividend? The rate of rotum you would have eamed is % (Round to two decimal places)
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