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Connect Only Problem 9 - 1 Investment Return ( LG 9 - 1 ) Sprint Nextel Corporation stock ended the previous year at $ 2

Connect Only Problem 9-1 Investment Return (LG9-1)
Sprint Nextel Corporation stock ended the previous year at $29.36 per share. It paid a $2.62 per share dividend last year. It ended last
year at $24.89.
If you owned 560 shares of Sprint, what was your dollar return and percent return?
Note: Negative answers should be indicated by a minus sign. Round "Percent return" answer to 2 decimal places.
Answer is complete but not entirely correct.
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