Wanda Sotheby purchased 150 shares of Home Depot stock at $21.25 a share. One year later, she

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Wanda Sotheby purchased 150 shares of Home Depot stock at $21.25 a share. One year later, she sold the stock for

$31.10 a share. She paid her broker a $34 commission when she purchased the stock and a $42 commission when she sold it. During the 12 months she owned the stock, she received $90 in dividends. Calculate Wanda’s total return on this investment. (Obj. 1)

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Focus On Personal Finance

ISBN: 9780073382425

3rd Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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