Answer:
=8.8%
Explanation:
ROI is return on investments. It is calculated by the formula below.
ROI = net gains/ invested capital x 100
net gains in this case will be
Dividends = $74.06
Appreciation in price = ($61.50 x 25) - ($59.25 x 25)
=$1,537.5 - $1,481.25
=56.25
Total gain = $56.25 + $74.06
=$130.31
ROI = $130.31/1,481.25 x100
ROI= 0.087972 x 100
=8.79
=8.8%
