5. Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later,...
Question:
5. Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later, she sold the stock for $140 a share. She paid her broker a commission of $34 when she purchased the stock and a commission of $39 when she sold it. During the 12 months she owned the stock, she received
$427 in dividends. Calculate Wanda’s total return on this investment. (LO12.1)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Focus On Personal Finance
ISBN: 9781259919657
6th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
Question Posted: