A couple bought some stock for $40 per share that pays an annual dividend of $2.40 per share. After 2 years the price of the stock was $44. (a) What is the return on investment? % (b) Find the simple...

A couple bought some stock for $40 per share that pays an annual dividend of $2.40 per share. After 2 years the price of the stock was $44.

(a) What is the return on investment?
%

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

Jun 05, 2022