QUESTION
55. Hilltop Garage pays a constant annual dividend. One year ago, when you purchased shares of that stock at $12 a share
Category: Business
Subject: Finance
Due Date: 02/01/2016
Question Asked: 2016-02-01 11:07:40
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55. Hilltop Garage pays a
constant annual dividend. One year ago, when you purchased shares of that stock
at $12 a share, the dividend yield was 2 percent. Over this past year, the
inflation rate has been 2.6 percent. Today, the required return on this stock
is 8 percent and you just sold all of your shares. What is your total nominal
return on this investment?
A. -77 percent
B. -75 percent
C. -73 percent
D. -70 percent
E. -66 percent
AVAILABLE ANSWERS
55. Hilltop Garage pays a constant annual dividend. One year ago, when you purchased shares of that stock at $12 a share
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Posted on 2016-02-01 11:07:40
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