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Wanda Sotheby purchased 165 shares of Home Depot stock at $43 a share. One year later, she sold the stock for $55 a share. She

Wanda Sotheby purchased 165 shares of Home Depot stock at $43 a share. One year later, she sold the stock for $55 a share. She paid her broker a commision of $43 when she purchased the stock and a commision of $50 when she sold it. During the 12 months she owned the stock, she received $136 in dividends. Calculate Wandas total return on this investment.

Total return $

Learning Objective: 12-01 Identify the most important features of common and preferred stock.

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