Question
Assume that you purchased 100 shares of a stock for $55 a share, that you received an annual dividend of $2.00 a share, and that
Assume that you purchased 100 shares of a stock for $55 a share, that you received an annual dividend of $2.00 a share, and that you sold your stock for $65 a share at the end of one year. What is the total return on your investment? (Ignore commission amounts for this question.
| A. $200 | ||
| B. $1,000 | ||
| C. $1,200 | ||
| D. $1,500 | ||
| E. $2,200 |
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
