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4. What was the total return of Karen's investment? (Hint: Total return = (Money received from stock sale - money paid for stock purchase +
4. What was the total return of Karen's investment? (Hint: Total return = (Money received from stock sale - money paid for stock purchase + dividends received) / Money paid for stock purchase Alternatively, it is also equal to total profit as computed in Problem 3 divided by money paid for the stock purchase. Total return is usually expressed as a percentage so an investment with total return of x% is able to turn $100 initially invested into $(100+x)).(5pts) a. 12.1% b. 12.33% c. 12.5% d. 12.67% 4. What was the total return of Karen's investment? (Hint: Total return = (Money received from stock sale - money paid for stock purchase + dividends received) / Money paid for stock purchase Alternatively, it is also equal to total profit as computed in Problem 3 divided by money paid for the stock purchase. Total return is usually expressed as a percentage so an investment with total return of x% is able to turn $100 initially invested into $(100+x)).(5pts) a. 12.1% b. 12.33% c. 12.5% d. 12.67%
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