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An investor purchased 600 shares of stock A at $23 per share and 1,000 shares of stock B at $34 per share one year ago.
An investor purchased 600 shares of stock A at $23 per share and 1,000 shares of stock B at $34 per share one year ago. Stock A and stock B paid quarterly dividends of $1 per share and $1.50 per share, respectively, during the year. One year later, the investor sold both stocks at $32 per share. Calculate the total return of stock A and stock B and the total return of the portfolio.
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