Buying price of stock is $35 and it can be sold for $30 whereas dividend paid is $6 then return on stock is
A. 36.67%
B. 46.67%
C. 26.67%
D. None of the above
Answer: Option A
Solution(By Examveda Team)
Margin = 35- 30 = 5Dividend = 6
Total return = 11
Cost = 30
Return on stock 11/30 × 100 = 36.67%
35-30=5 and 6 dividend than its become 11
11/30*100=36.667