A stock sold for $30 at the beginning of the year. The end of year stock price was $30.50. What is the amount of the annual dividend if the total return for the year was 7.7 percent?
A) $1.11
B) $1.38
C) $1.60
D) $1.81
E) $2.31

Question

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The Answer of A stock sold for $30 at the beginning of the year. The end of year stock price was $30.50. What is the amount of the annual dividend if the total return for the year was 7.7 percent?
A) $1.11
B) $1.38
C) $1.60
D) $1.81
E) $2.31

A Stock Sold for $30 at the Beginning of the Year