a) Six months ago, you purchased 2,900 shares of ABC stock for $32.58 a share. You have received dividend payments equal to $.70 a share. Today, you sold all of your shares for $35.26 a share. What is your total dollar return on this investment? (2 marks)

b) You purchased shares of stock one year ago at a price of $62.37 per share. During the year, you received dividend payments of $1.77 and sold the stock for $69.49 per share. If the inflation rate during the year was 2.07 percent, what was your real return? (2 marks)

c) You own 350 shares of XYZ stock that sells for $52.48 per share. If the stock has a dividend yield of 2.4 percent, how much do you expect to receive next year in dividend income from this investment?