Question
A year ago, you purchased 300 shares of IXC Technologies, Inc. stock at a price of $9.03 per share. The stock pays an annual dividend
A year ago, you purchased 300 shares of IXC Technologies, Inc. stock at a price of $9.03 per share. The stock pays an annual dividend of $.10 per share. Today, you sold all of your shares for $28.14 per share. What is your total dollar return on this investment?
a. $5,763 b. $5,853, c. $5733 d. $5703 e. $5753
Work Process is needed, thank you.
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
