On January 1, Year 1 you bought 100 shares of Cyberdyne Systems Inc It is now January 1 of Year 2. You have recorded stock price and dividend information for Cyberdyne in the table, below. You want to calculate your return on the investment
After digging through your records you realize that Cyberdyne executed a 2-for-1 stock split late in Year 1. Use this information to adjust the data in the table and calculate the split-adjusted annual return on the investment in Cyberdyne shares.
Selected Financial Data
Cyberdyne Systems Inc
Price Dividend
Jan 1, Year 1 $12
Jan 1, Year 2 $8 0.40
A) 30.00%
B) 33.33%
C) 36.67%
D) 37.75%
E) 40.00%
E
Business