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Joseph Cintron purchased 1,000 shares of Waste Management, Inc. at $ 113.74 a share. Waste Management, Inc. paid $2.50 in dividends per share. After a
Joseph Cintron purchased 1,000 shares of Waste Management, Inc. at $ 113.74 a share. Waste Management, Inc. paid $2.50 in dividends per share. After a year, Mr. Cintrn decided to sell his shares at the market price of $112.94 per share. Determine Mr. Cintron's return on investment and the total amount of money he made or lost in the transaction that year.
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