Jill purchased a share one year ago for $13.06. The share is now
worth $15.26, and...
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Finance
Jill purchased a share one year ago for $13.06. The share is nowworth $15.26, and the total return to Jill for owning the share was24.7 per cent. The dollar amount of dividends that she received forowning the share during the year is (expressed in dollars to thenearest cent; don't use $sign or commas eg 50 cents is 0.50)?
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Solution The Total return on a given share is calculated using the following formula Total Return Ending Price Initial Price Dividend Income
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