In: Finance
You put up $40 at the beginning of the year for an investment. The value of the investment grows 4% and you earn a dividend of $3.00. Your HPR was ____. |
HPR = (Final Price - Initial Price + Dividend)/Initial Price
Initial Price = $40
Final Price = $40 * (1 = 4%) = $41.6
HPR = ($41.6 - $40 + $3)/$40 = 11.50%