One year ago, LaTresa purchased 300 shares of Outland Co.stock for $7,092.The stock does not pay any regular dividends but it did pay a special dividend of $.43 a share last week.This morning, she sold her shares for $24.05 a share.What was the total percentage return on this investment?
A) 7.67 percent
B) 4.83 percent
C) 2.50 percent
D) 3.55 percent
E) 8.24 percent
Correct Answer:
Verified
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