Optimus stock price started the year at $32.00 and ended the year at $38.00. It paid a dividend of $1.00 per share. What is its rate of return for the year?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.2MBA
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Optimus stock price started the year
at $32.00 and ended the year at
$38.00. It paid a dividend of $1.00
per share. What is its rate of return
for the year?
Maximum number of characters
(including HTML tags added by text
editor): 32,000
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Transcribed Image Text:Optimus stock price started the year at $32.00 and ended the year at $38.00. It paid a dividend of $1.00 per share. What is its rate of return for the year? Maximum number of characters (including HTML tags added by text editor): 32,000 Show Rich-Text Editor (and character count)
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