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Jamal and Elham purchased 150 shares of Wildcat's stock at $30 a share. One year later, they sold the stock for $35 a share. They
Jamal and Elham purchased 150 shares of Wildcat's stock at $30 a share. One year later, they sold the stock for $35 a share. They paid a broker a $68 commission when they purchased the stock and a $54 commission when they sold the stock. During the 12-month period the couple owned the stock, Wildcat's paid dividends that totaled $1.75 a share. a) Calculate the total cash return for this investment. b) Calculate the total percentage return.
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