1 year ago I purchased 150 shares of common stock for $30 per share. During the year I noticed that the value of the stock decreased to $22.50 per share. If the stock paid a dividend of $0.80 during the year, what is the return on the investment? Please provide me step by step instructions on how to solve this problem.© BrainMass Inc. brainmass.com June 3, 2020, 10:28 pm ad1c9bdddf
Sorry, it is $4500
Hi, here is the solution...
Capital amount = Number of stocks x price per stock
= 150 x 30
Capital amount = $4500
During that period the stock price decreased to $22.50 per share.
So the loss per ...
This solution is comprised of a detailed explanation to answer what is the return on the investment.