Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You purchased 800 shares of Barrett Golf Corporation stock at a price of $35.80 per share. While you owned the stock, you received dividends totaling
You purchased 800 shares of Barrett Golf Corporation stock at a price of $35.80 per share. While you owned the stock, you received dividends totaling $.45 per share. Today, you sold your stock at a price of $38.75 per share. What was your total dollar return on the investment?
-
$2,242
-
$2,540
-
$2,360
-
$2,720
-
$2,630
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started