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My answer was incorrect... Tammy Jackson purchased 140 shares of All-American Manufacturing Company stock at $32.50 a share. One year later, she sold the stock
My answer was incorrect...
Tammy Jackson purchased 140 shares of All-American Manufacturing Company stock at $32.50 a share. One year later, she sold the stock for $43 a share. She paid her broker a $32 commission when she purchased the stock and a $46 commission when she sold it. During the 12 months she owned the stock, she received $200 in dividends. Calculate Tammy's total return on this investment. (Round all Intermediate calculations and final answer to the nearest whole number) Total return 1348 Step by Step Solution
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