QUESTION

42. One year ago, you purchased 400 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year

Category: Business
Subject: Finance
Due Date: 02/01/2016
Question Asked: 2016-02-01 10:52:50

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42. One year ago, you purchased 400 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year. Today, you sold your shares for $28.30 a share. What is your total dollar return on this investment? 
A. $6,222
B. $6,432
C. $6,520
D. $6,220
E. $6,608


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42. One year ago, you purchased 400 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year

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Posted on 2016-02-01 10:52:50

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