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abigail bought 28 shares of stock at $30.00 per share. she received dividend of $49.50 during the year. at the end of the year, her stock was valued at $43.50 per share. what was her ROI?

Respuesta :

abiolataiwo2015

If  her stock was valued at $43.50 per share. Her ROI is:50.89%

Return on investment

First step

Purchase price=(28×$30)-(28×$43.50)

Purchase price= $840-$1218

Purchase price=$378

Gain in value=$378+ $49.50

Gain in value=$427.5

Second step

ROI=$427.5/$840×100

ROI=50.89%

Therefore the ROI is $15.89%.

Learn m ore about ROI here:https://brainly.com/question/15726451

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