Answers to Text Discussion Questions

What is her percentage total return? Use Formula 18–2 and round to two places to the right of the decimal point. Recall you first must determine the number of new shares. 18-10. Step 1. Number of new shares = (Dividends + Capital gains)/Share price = ($90 + $270)/$18 = $360/$18 = 20 New shares. Step 2 Total returns with reinvestment. 11. ................
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