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You buy a stock for $55 today, and sell the stock one year later for $54, during which time a $2 dividend is paid. What is your return on this stock

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abiolataiwo2015

Answer:

1.82%

Explanation:

Calculation for the return on the stock

Using this formula

Return=(Sales of stock - Stock bought today+Dividend)/Sales of stock

Let plug in the formula

Return = (54 - 55 + 2)/55

Return =1/55

Return = 0.0182×100

Return=1.82%

Therefore the return on the stock will be 1.82%

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