An investor purchases 500 shares of a company at a purchase price of $15.00 at the start of the year. During the year, the company paid out $0.50 of dividends per share. The investor then sells all
The shares at a selling price of $13.50. Determine the investor's total percentage return.
A) -5.67%
B) -6.07%
C) -6.37%
D) -6.67%
E) -7.07%
Correct Answer:
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