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5 July, 09:11

21. You purchase 100 shares of Ravioli Den for $45 per share. One year later, you sell the shares

for $52 per share. During the one-year period you held the stock, you received $2 per share

in dividends. What was the percentage return on your investment in Ravioli Den?

A. + 7%

B. + 9%

C + 16%

D. + 20%

+5
Answers (1)
  1. 5 July, 10:15
    0
    Answer: 20%

    100 shares at $45each cost 100*45 = $4500

    After a year, he sold the share at the rate if $52 each and it cost 52*100 = 5200

    He received dividend of $2 on each dollars meaning 100*2 = $200

    So,

    $5200+200 = 5400

    Profit = $5400 - 4500 = 900

    %profit = 900*100 / 4500 = 20
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