The share price for A LTD at 1st July 2019 was $4.40 and at the 31st June 2020 was $5.17. you have collected the following per share dividend data for 2019 and 2020 $0.03, paid 31st March 2019 $0.04, paid 31st September 2019 $0.05, paid 31st March 2020 $0.06 to be paid 31st September 2020 determine the return on A LTD share for the year ending 30 December 202

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
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The share price for A LTD at 1st July 2019 was $4.40 and at the 31st June 2020 was $5.17. you have collected the following per share dividend data for 2019 and 2020

$0.03, paid 31st March 2019

$0.04, paid 31st September 2019

$0.05, paid 31st March 2020

$0.06 to be paid 31st September 2020

determine the return on A LTD share for the year ending 30 December 2020

 

 

 

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