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Homework answers / question archive / Determining the Expected Rate of Return Problem   Zoom Communications had a market price of $ 258

Determining the Expected Rate of Return Problem   Zoom Communications had a market price of $ 258

Finance

Determining the Expected Rate of Return Problem

 

Zoom Communications had a market price of $ 258.73 on the day you purchased it just one year ago. During the past year the stock had paid a $0.09 dividend and closed at a price of $ 261.00. What rate of return did you earn on your investment in Zoom Communications?

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