Question
Four months ago, you purchased 1,400 shares of Lakeside Bank stock for $21.20 a share. You have received dividend payments equal to $.60 a share.
Four months ago, you purchased 1,400 shares of Lakeside Bank stock for $21.20 a share. You have received dividend payments equal to $.60 a share. Today, you sold all of your shares for $22.20 a share. What is your total dollar return on this investment?
Multiple Choice
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$1,400
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$1,680
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$2,240
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$840
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$4,480
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Financial Accounting A Focus On Interpretation And Analysis
Authors: Richard F Kochanek, A Douglas Hillman
7th Edition
1111061750, 9781111061753
