Waec Model Questions Vol1 2023 Commerce Question 43
Practice objective / multiple choice question 43 from the 2023 Waec Model Questions Vol1 Commerce examination.
An investor buys 200 shares of Company X at ₦1,250 each and pays a brokerage commission of 0.5% on the purchase value. After 6 months the share price rises to ₦1,400 and the company declares a dividend of ₦45 per share. The investor sells all shares, paying the same commission rate on the sale value. What is the investor's overall rate of return (in %) on his initial cash outlay, considering both capital gain and dividend income?
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About This Question
This is Waec Model Questions Vol1 2023 Commerce Question 43. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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