One year ago, KJ Industries stock sold for $52 a share. Over the past year, the stock has returned 16.0 percent with half of that return coming from dividend income. What is the current price of this stock? Multiple Choice O $56.16 O $47.84 O $60.32 O $43.68

One year ago, KJ Industries stock sold for $52 a share. Over the past year, the stock has returned 16.0 percent with half of that return coming from dividend income. What is the current price of this stock? Multiple Choice O $56.16 O $47.84 O $60.32 O $43.68

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 1DTM

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Question

One year ago, KJ Industries stock sold for $52 a share. Over the past year, the stock has
returned 16.0 percent with half of that return coming from dividend income. What is the
current price of this stock?
Multiple Choice
O
о
O
$56.16
$47.84
$60.32
$43.68

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