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One Year Ago, Brookes Purchased 200 Shares of Surfer Bay

Question 82

Multiple Choice

One year ago, Brookes purchased 200 shares of Surfer Bay stock for $22,250.Today, he sold those shares for $114.00 per share.What is the total return on this investment if the dividend yield is 1.2 percent?


A) 4.47 percent
B) 3.67 percent
C) 1.93 percent
D) 0.76 percent
E) 2.98 percent

Correct Answer:

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