5. Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later,...

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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)

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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