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Posted on Oct 04, 2024

One year ago, you purchased 250 shares of stock for $12.50 a share. The stock pays $0.50 a share in dividends four times each year.

One year ago, you purchased 250 shares of stock for $12.50 a share. The stock pays $0.50 a share in dividends four times each year. Today, you sold your shares for $22.25 a share. What is your total dollar return on this investment?

A. $6,062.50

B. $1,937.50 C. $2,937.50 D. $2,562.50 E. 35.56 percent

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