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One year ago, you purchased 600 shares of stock for $14.00 per share. The stock pays $0.41 per share in dividends each year. Today, you

One year ago, you purchased 600 shares of stock for $14.00 per share. The stock pays $0.41 per share in dividends each year. Today, you sold your shares for $15.30 per share. What is the total dollar return on this investment?

Multiple Choice

  • $1,026.00

  • $171.00

  • $1,222.00

  • $780.00

  • $815.00

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