Gunther Earned A 62 5 Percent Return On A Stock That He Purchased One Year Ago T

Gunther earned a 62.5 percent return on a stock that he purchased one year ago. The stock is now worth $12, and he received a dividend of $1 during the year. How much did Gunther originally pay for the stock?

Return on stock = 62.5%Let original purchase price be xStock is currently worth $ 12Dividend earned $1Return on investment =( Current price – Dividend earned – Purchase price) / purchase price…

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Gunther Earned A 62 5 Percent Return On A Stock That He Purchased One Year Ago T

Gunther earned a 62.5 percent return on a stock that he purchased one year ago. The stock is now worth $12, and he received a dividend of $1 during the year. How much did Gunther originally pay for the stock?

Return on stock = 62.5%Let original purchase price be xStock is currently worth $ 12Dividend earned $1Return on investment =( Current price – Dividend earned – Purchase price) / purchase price…

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?