Suppose a stock had an initial price of $91 per share, paid a dividend of $2.40 per share during the year, and had an ending share price of $102….

Suppose a stock had an initial price of $91 per share, paid a dividend of $2.40 per share during the year, and had an ending share price of $102. Compute the percentage total return. Show your work.

Question:Suppose a stock had an initial price of $91 per share, paid a dividend of $2.40 per share during the year, andhad an ending share price of $102. Compute the percentage total return. Show…

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