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Business, 07.04.2020 22:06 shanewugden7362

A year ago, Phyllis Peterson purchased 100 shares of Fidelity's Contrafund for $50 each. During the year, her total return from dividends was $1 per share, and there were no capital gains distributions. At the end of the year, the shares were worth $52.50 each. What was Phyllis' RATE (percentage) of return? Begin my calculating her total return.

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A year ago, Phyllis Peterson purchased 100 shares of Fidelity's Contrafund for $50 each. During the...
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