The Globe and Mail Web Site Noted That the Shares

question 162

Short Answer

The Globe and Mail Web site noted that the shares of Compact Computers produced a 55% rate of total return in the past year. The shares paid a dividend of $0.72 per share during the year, and they currently trade at $37.50. What was the price of the shares 1 year ago?

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Definitions:

Pyridine

A basic heterocyclic organic compound with the chemical formula C5H5N, known for its distinctive, unpleasant smell.

2-Methyl-2-Butanamine

An organic compound with a tertiary amine and a methyl group on the second carbon of a butane chain.

Ammonia

A colorless gas with a pungent smell, composed of nitrogen and hydrogen (NH3), used in various industrial processes.

2-Bromo-2-Methylbutane

An organic compound known as a halogenated hydrocarbon, characterized by a bromine atom attached to the second carbon of a 2-methylbutane molecule.