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FinanceQ&A LibraryAn investor purchased 500 shares of Electric Shaver Corporation stock at a price of $22.50 per share. One year later, the shares are selling for $21 each. The stock paid a dividend of $1.50 per share. What is the total percentage return on the investment? Group of answer choices-6.76%0.00%6.76%7.14%Question

Asked Nov 3, 2019

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An investor purchased 500 shares of Electric Shaver Corporation stock at a price of $22.50 per share. One year later, the shares are selling for $21 each. The stock paid a dividend of $1.50 per share. What is the total percentage return on the investment?

Group of answer choices

-6.76%

0.00%

6.76%

7.14%

Step 1

Calculate the total percenta...

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