52.7k views
0 votes
Drew buys 100 shares of Balsamic Corporation for $23 per share. Over the next year, Balsamic pays four quarterly dividends of 20 cents per share and the share price increases to $25. What has Drew's annual return been on the stock?

User Doug Kaye
by
4.6k points

2 Answers

3 votes

Answer:

sa

Explanation:sd

aa

User Hyiltiz
by
5.1k points
1 vote

Answer:

C. 12.2 percent

Step-by-step explanation:

Hope it helps

User David Fritsch
by
4.9k points