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Suppose you bought 500 shares of stock at an initial price of $44 per share. The stock paid dividend of $0.42 per share during the
Suppose you bought 500 shares of stock at an initial price of $44 per share. The stock paid dividend of $0.42 per share during the year, and the share price at the end of the year was $45. What was the total dollar return on this investment?
a. $710
b. $700
c. $210
d. $290
Please select the correct answer and show work.
Thank you
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