"Suppose an investor acquired 100 shares of Walden stock at $30/share last year. If the investor received a $1.00/share cash...
trais."Suppose an investor acquired 100 shares of Walden stock at $30/share last year. If the investor received a $1.00/share cash dividend during the year, and sells all of the shares at year-end for $32.00/share, then (a) What is the total dollar return? (b) What is the total percent return? (c) If the Dow Jones Industrial Average (DJIA) stock index went from 12,080 at the date of purchase to 13,000 at the date of sale, did the investor beat the market, i. e., receive a higher percentage return than the DJIA?
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