1. Four years ago, Ken Guessford purchased 200 shares of Mountain View Manufacturing. At the time, each share of Mountain View was selling for $30. He also paid a $24 commission when the shares were purchased. Now, four years later, he has decided it’s time to sell his investment. The Mountain View share price when sold was $32.50. In addition, he paid a $36 commission to sell his shares. He also received total dividends of $1.80 per share over the four-year investment period.

a. What is the total amount of dividends Ken Guessford received over the four-year period?

b. What was the total return for Guessford’s investment?