TechNo stock was $25 per share at the end of last year. Since then, it paid a $1.50 per share dividend last year. The stock price is currently $23. If you owned 300 shares of TechNo, what was your percent return?

-2%

Explanation:

The computation of the percent return is shown below:

= { (Current market stock price value + Dividend received - Stock purchase price) : Stock Purchase price} * 100

where,

Current market stock price value equal to

= $23 * 300 shares

= $6,900

Dividend received = $1.50 * 300 shares = $450

Stock purchase price = $25 * 300 shares = $7,500

So, the percentage return is

= { ($6,900 + $450 - $7,500) : $7,500} * 100

= (-$150 : $7,500) * 100

= - 2%