FedEx Corp. stock ended the previous year at $113.39 per share. It paid a $0.40 per share dividend last year. It ended last year at $126.69. If you owned 300 shares of FedEx, what was your dollar return and percent return?
A) $3,990, 11.73 percent
B) $4,110, 12.08 percent
C) $4,250, 12.29 percent
D) $2,009, 9.13 percent

Question

Quizplus · Accepted Answer

The dollar return is calculated as the change in stock price plus dividends, multiplied by the number of shares: (126.69 - 113.39 + 0.40) * 300 = $4,110. The percent return is the dollar return divided by the initial investment: ($4,110 / (113.39 * 300)) * 100 = 12.08 percent.