College-Business Investments

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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?

  • College-Business Investments -

    How long did the investor keep the stock?

  • College-Business Investments -

    Ii don't know it didn't say. That's the full question!

  • College-Business Investments -

    It can't be answered because we don't know how many years the investor received the dividend.

  • College-Business Investments -

    Ok. Thank you!

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