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    Total Stock Return with No Dividends Paid

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    Books Brothers stock was priced at $15 per share two years ago. The stock sold for $13 last year and now it sells for $18. What was the total return for owning Books Brothers stock during the most recent year? Assume that no dividends were paid and round to the nearest percent.

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    https://brainmass.com/business/accounting-for-corporations/total-stock-return-no-dividends-paid-546068

    Solution Summary

    The solution gives detailed steps on calculating the return of stock if previous and current stock prices are given. All the formula and calcuations are shown and explained.

    $2.19