Answer :
Answer:
Based on the information given the rate of return is 10.8%.
First step is to find the shares of stock price:
Shares of stock price=25 shares×$30/share
Shares of stock price= $750
Second step is to calculate the total sold price:
Total sold price= $825+$6
Total sold price= $831
Third step is to calculate the Rate of return:
Rate of return=$831-750/$750×100
Rate of return=$81/$750×100
Rate of return=10.8%
Inconclusion the rate of return is 10.8%.