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An investor receives a 17% total return by purchasing a stock for $40 and selling it after one year with a 5% capital gain. How much was received in dividend income during the year
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4 votes
4 votes
An investor receives a 17% total return by purchasing a stock for $40 and selling it after one year with a 5% capital gain. How much was received in dividend income during the year

User Chris Andersson
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1 Answer

4 votes
4 votes

Answer:

$4.8

Step-by-step explanation:

total return = capi

User Fiacc
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2.6k points
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