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On January lst, Fred purchases 100 shares of BHP for $40 per share-a $4,000 investment. During the year he recelved a totat cash dividend of

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On January lst, Fred purchases 100 shares of BHP for $40 per share-a $4,000 investment. During the year he recelved a totat cash dividend of $300, and at the end of the year (December 3ist) his shares were volued at 54.250. Calculate the total dollar return on his investment. Seloct oriec a. 1300 b. 5550 c. 5260 a. None of the above

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