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#26 O Suppose you bought 180.00 shares of Wal-Mart (WMT) one year ago today at $23.00. Over the last year, you received $32.00 in dividends.

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#26 O Suppose you bought 180.00 shares of Wal-Mart (WMT) one year ago today at $23.00. Over the last year, you received $32.00 in dividends. At the end of the year, the stock sells for $31.00. How many dollars did your investment earn in the past year? Submit Answer format: Currency: Round to: 2 decimal places. Hide Hint Suppose you bought 100 shares of Wal-Mart (WMT) one year ago today at $25. Over the last year, you received $20 in dividends (= 20 cents per share x 100 shares). At the end of the year, the stock sells for $30. How many dollars did your investment earn in the past year? Capital gain P-Po $30-$25 $5 per share Dividends Received = $0.20 per share The total payoff per share is then: Capital gain + Dividends = $5+ $0.20 = $5.20 We purchased 100 shares so our total dollar payoff equals: Total dollars from investment = 100 shares x $5.20 per share= $520

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