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 for $30 per share
If Perry sells all of his shares of Ferro, Inc today, what rate of return would he realize?
Realized return = = 28%
Business
You might also like to view...
The presence of debt and/or preferred stock in a firm's financial structure means the firm is using
financial leverage. Indicate whether the statement is true or false
Business
Human resource issues are crucial at all but entry-level supervisory positions in organizations
Indicate whether the statement is true or false
Business