Six months ago, you purchased 1,900 shares of ABC stock for $25.24 a share. You have received dividend payments equal to $.40 a share. Today, you sold all of your shares for $27.52 a share. What is your total dollar return on this investment? Multiple Choice $10,830 $4,332 $10,184 $760 $5,092

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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Six months ago, you purchased 1,900 shares of ABC stock for $25.24 a share. You have received dividend payments equal to $.40 a share. Today, you
sold all of your shares for $27.52 a share. What is your total dollar return on this investment?
Multiple Choice
$10,830
$4,332
$10,184
$760
$5,092
Next >
10 of 40
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Transcribed Image Text:Help Save & Exit Subm Six months ago, you purchased 1,900 shares of ABC stock for $25.24 a share. You have received dividend payments equal to $.40 a share. Today, you sold all of your shares for $27.52 a share. What is your total dollar return on this investment? Multiple Choice $10,830 $4,332 $10,184 $760 $5,092 Next > 10 of 40 < grev
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