Waec Model Questions Vol1 2019 Commerce Question 42
Practice objective / multiple choice question 42 from the 2019 Waec Model Questions Vol1 Commerce examination.
An investor buys 200 shares of XYZ at ₦1,200 each. The shares pay a dividend of ₦45 per share at year‑end. After one year the share price rises to ₦1,350. The investor pays a brokerage fee of 0.5% on both the purchase and the sale (calculated on the transaction value). Calculate the investor's overall rate of return (as a percentage) for the year, taking into account dividend received, capital gain and the brokerage fees.
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About This Question
This is Waec Model Questions Vol1 2019 Commerce Question 42. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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