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Arnell Johnson bought 380 shares of Black Petroleum Company for $78 per share and paid a commission of $60. He sold the stock five years
Arnell Johnson bought 380 shares of Black Petroleum Company for $78 per share and paid a commission of $60. He sold the stock five years later for $152 per share and paid $125 commission. While he held the stock, it paid a dividend of $5.60 per share. What was Arnell's total dollar return on this stock? Multiple Choice $2.328 $28,120 $30,063 $27.935 $30.248
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