posted by Asia .
An investor bought 100 shares of Copier Corp. for $65 a share. The firm paid an annual dividend of $2 a share. Commissions were $75 to purchase and $75 to sell. The price of the stock rose to $100 and the investor sold. What is the percentage earned on the investment?
How long did the investor keep the stock?
Ii don't know it didn't say. That's the full question!
It can't be answered because we don't know how many years the investor received the dividend.
Ok. Thank you!