SOLUTION: You have just purchased a share of stock for $50. The preferred stock pays an annual dividend of %5.50 per share. What is the rate of return on your investment?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You have just purchased a share of stock for $50. The preferred stock pays an annual dividend of %5.50 per share. What is the rate of return on your investment?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 211325: You have just purchased a share of stock for $50. The preferred stock pays an annual dividend of %5.50 per share. What is the rate of return on your investment?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
You have just purchased a share of stock for $50. The preferred stock pays an annual dividend of $5.50 per share. What is the rate of return on your investment?
---
rate = 5.50/50 = 0.11 = 11%
==============================
Cheers,
Stan H.