Answer:
-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%
