One year ago, your friend purchased 82shares of PantherCo. stock for $2,165.98. The stock does not pay any regular dividends but it did pay a special dividend of $0.51 a share last week. This morning, she sold her shares for $30.97 a share. What was the total percentage return on this investment? Answer as a percentage (e.g. 0.01 is 1.0 %) but without the percentage (%) symbol.

One year ago, your friend purchased 82shares of PantherCo. stock for $2,165.98. The stock does not pay any regular dividends but it did pay a special dividend of $0.51 a share last week. This morning, she sold her shares for $30.97 a share. What was the total percentage return on this investment? Answer as a percentage (e.g. 0.01 is 1.0 %) but without the percentage (%) symbol.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section: Chapter Questions

Problem 2P

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