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An investor purchases 500 shares of a company at a purchase price of $15.00 at the start of the year. During the year, the company
An investor purchases 500 shares of a company at a purchase price of $15.00 at the start of the year. During the year, the company paid out $0.50 of dividends per share. The investor then sells all the shares at a selling price of $13.50. Determine the investor's total percentage return.
| -5.67% |
| -6.07% |
| -6.37% |
| -6.50% |
| -7.07% |
| None of the above |
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