Elise bought a share of Toronto Skates Inc. three years ago for $36.16. Elise was...

90.2K

Verified Solution

Question

Accounting

Elise bought a share of Toronto Skates Inc. three years ago for $36.16. Elise was paid two annual dividends of $1.50 in the past two years. If the stock is sold for $39.50 today, what is the total return of the stock in percent (%)?

Please enter your answer to two decimals. Please enter your answer in percent to two decimals without a percent sign (%). If the answer is 15.65%, enter 15.65.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students