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1.Total Return:You bought a share of 4% preferred stock for $100 last year. The market price for your stock is now $120. What was your
1.Total Return:You bought a share of 4% preferred stock for $100 last year. The market price for your stock is now $120. What was your total return for last year?
Total Return Formula - [(Market Price) - Initial Price + (Dividend dollars)]/Initial dollars
I got the formula.... how do I calculate for the dividend dollars?
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