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Sagot :
Answer:
Curtis
The total percentage return on the investment is:
= -7.86%.
Explanation:
a) Data and Calculations:
Initial share price at which the stock was purchased = $140
The selling share price = $119
Dividends earned during the stock ownership (holding period) = $10
Total returns, including proceeds from the sales = $129 ($119 + $10)
Total returns from holding the stock until sold
= Total returns + sales proceeds minus Initial purchase cost
= -$11 ($129 - $140)
Total percentage return on the investment = $11/$140 * 100
= 7.857
= 7.86%
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