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One year ago, you purchased 800 shares of stock for $37 per share. The stock pays $0.25 a share in dividends each year. Today, you

One year ago, you purchased 800 shares of stock for $37 per share. The stock pays $0.25 a share in dividends each year. Today, you sold your shares for $43.25 per share. What is your total dollar return on this investment?

Multiple Choice

  • $5,040

  • $4,880

  • $4,989

  • $5,000

  • $5,200

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