Last year, Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What...

Realized return

Last year, Mike bought 100 shares of<br>Dallas Corporation common stock for<br>$53 per share. During the year he<br>received dividends of $1.45 per share.<br>The stock is currently selling for $60<br>per share. What rate of return did Mike<br>earn over the year?<br>

Extracted text: Last year, Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What rate of return did Mike earn over the year?

Jun 04, 2022

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Last year, Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What...

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