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You purchased a companys stock one year ago and paid $45.00 per share. The stock pays quarterly dividends of $0.85 per share. Today, the stock

You purchased a companys stock one year ago and paid $45.00 per share. The stock pays quarterly dividends of $0.85 per share. Today, the stock is worth $47.00 per share. What is the total dollar return per share to date from this investment?

a. $4.90

b. $5.40 (correct answer)

c. $3.70

d. $2.85

B is the correct answer please show the procedure

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