Rx corp. stock was $60.00 per share at the end of last year. since then, it paid a $1.00 per share dividend last year. the stock price is currently $62.50. if you owned 400 shares of rx, what was your percent return?

Percentage Return  = 5.83%

Explanation:

Given data:

per share cost =$60.00

dividend $1.00 per share

stock price $62.50

total number of share  = 400

WE know that return is given as

Return = (Ending Value - ( Beginning Value + Income)

where,

Ending value = stock price* number of shares

Beginning value  = per share cost * number of shares

income =  dividend* number of shares,

so we have return value

           = ($62.50 x 400) - ($60.00 x 400 + $1.00 x 400) = $1400

Percentage Return  = .0583

Percentage Return  = 5.83%

answerpounds of plastic to purchase 200+60-20=(240);