An investor is paid for a stock 20$ in dividend yearly, after two years he sells the stock for 100 $ with an average annual return of 32%. For how much did he get the stock initially ?
![]() |
An investor is paid for a stock 20$ in dividend yearly, after two years he sells the stock for 100 $ with an average annual return of 32%. For how much did he get the stock initially ?
| All times are GMT -7. The time now is 10:12 AM. |