FIN202_-_SP_2024_-_FE_1621.webp
Kim Oanh1

FIN202_-_SP_2024_-_FE_1621.webp

(Choose 1 answer)
(20663) 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?
A. $7.00
B. $7.50
C. $8.00
D. $8.50


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