Question
Six months ago, you purchased 2,600 shares of ABC stock for $30.33 a share. You have received dividend payments equal to $.40 a share. Today,
Six months ago, you purchased 2,600 shares of ABC stock for $30.33 a share. You have received dividend payments equal to $.40 a share. Today, you sold all of your shares for $33.01 a share. What is your total dollar return on this investment?
$1,040
$8,008
$6,968
$16,016
$17,420
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
