114k views
1 vote
Perry purchased 100 shares of Ferro, Inc. common stock for $25 per share one year ago. During the year, Ferro, Inc. paid cash dividends of $2 per share. The stock is currently selling $30 per share. If Perry sells all of his shares of Ferro, Inc. today, what rate of return would he realize?

User Tedi
by
5.8k points

1 Answer

1 vote

100×$30- 100×($25-$2)=$3000-$2300=$700

User Nitsujri
by
5.5k points